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Saratoga is one of the most expensive cities in Santa Clara County. Home prices here routinely push into the millions.
VA loans have no conforming loan cap since 2020. That matters a lot in a market like Saratoga.
0%
Down Payment
620 (most lenders)
Min Credit Score
None (full entitlement)
Loan Limit
Never required
Mortgage Insurance
2.15% first use
VA Funding Fee
VA Loans in Saratoga
You need a Certificate of Eligibility (COE) to use a VA loan. Active duty, veterans, and surviving spouses can qualify.
Most lenders want a 620 credit score minimum. VA itself sets no floor, but lenders do.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in Saratoga.
Saratoga is one of the most expensive cities in Santa Clara County. Home prices here routinely push into the millions.
VA loans have no conforming loan cap since 2020. That matters a lot in a market like Saratoga.
You need a Certificate of Eligibility (COE) to use a VA loan. Active duty, veterans, and surviving spouses can qualify.
Not every lender handles high-balance VA loans well. In Saratoga, you need one who does jumbo VA deals routinely.
SRK CAPITAL works with 200+ wholesale lenders. We find VA lenders built for expensive California markets.
The VA funding fee trips people up. First-time use with zero down is 2.15% of the loan amount — roll it in or pay upfront.
Sellers in Saratoga sometimes hesitate on VA offers. A strong pre-approval letter and fast close help close that gap.
A conventional loan at this price point needs 20% down to avoid PMI. On a $2M home, that's $400K out of pocket.
VA gives you zero down and no PMI — ever. The funding fee is a fraction of that cost.
Saratoga's inventory is tight and competition is real. Cash and conventional offers dominate, so your VA offer needs to be clean.
VA appraisers assess condition strictly. Older Saratoga homes with deferred maintenance can create appraisal complications.
No limit if you have full entitlement. Borrowers with prior VA loans in use may face county-based limits.
Yes. VA has no purchase price cap. The home must pass the VA appraisal and meet minimum property requirements.
Some sellers hesitate, but it's manageable. A strong pre-approval and experienced agent make a real difference.
First-time use with zero down is 2.15% of the loan amount. Veterans with a service-connected disability are exempt.
Yes. VA loans never require PMI regardless of down payment or loan size. That's one of the program's biggest advantages.
Apply through the VA directly or let your broker pull it. Most COEs come back within minutes through the automated system.