Question 1

Can I use a VA loan to buy in San Jose with no money down?

Accepted Answer

Yes, full VA entitlement means no down payment required regardless of purchase price. You still pay closing costs unless negotiated otherwise.

Question 2

Does FHA have loan limits in Santa Clara County?

Accepted Answer

Yes, FHA loan limits apply in Santa Clara County. Homes priced above those limits require a different loan program.

Question 3

Which loan has lower monthly payments — FHA or VA?

Accepted Answer

VA typically wins. No mortgage insurance and lower rates mean a lower monthly payment on the same loan amount. Rates vary by borrower profile and market conditions.

Question 4

Can I qualify for both FHA and VA at the same time?

Accepted Answer

Yes, if you meet VA eligibility you can choose either program. Most veterans choose VA for the better terms.

Question 5

Does VA require a home inspection in San Jose?

Accepted Answer

VA requires an appraisal by a VA-approved appraiser. That appraisal includes basic property condition requirements that FHA also enforces.

Question 6

Which loan is easier to get approved for?

Accepted Answer

FHA is more flexible on credit scores. VA has its own guidelines but no hard minimum score — individual lenders set their own overlays.

FHA vs VA Loans in San Jose: Which One Wins for You?