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Sonoma County is adding 20+ restaurants in spring 2026, signaling real economic momentum in the region. A $750,000 home in Cloverdale at 5.5% interest runs $4,258 monthly for principal and interest alone.
Cloverdale sits in wine country with median household income of $102,840 across Sonoma County. The county's infrastructure investments—including Highway 101 bicycle projects and $12M in park work—support long-term home values.
5.5%
Interest Rate
$4,258
Monthly P&I
$750,000
Loan Amount
740
FICO (Scenario)
$0
Down Payment
30 days
Lock Period
VA Loans in Cloverdale
VA loans require a Certificate of Eligibility from the VA—that's your proof of service. Credit floor is typically 620 FICO, though most lenders prefer 640+. This scenario shows 740 FICO, which is solid middle-ground underwriting.
At $750,000 in Sonoma County, you're buying well above the county's $102,840 median household income. That works because VA loans have no debt-to-income ceiling the way conventional loans do.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in Cloverdale.
Sonoma County is adding 20+ restaurants in spring 2026, signaling real economic momentum in the region. A $750,000 home in Cloverdale at 5.5% interest runs $4,258 monthly for principal and interest alone.
Cloverdale sits in wine country with median household income of $102,840 across Sonoma County. The county's infrastructure investments—including Highway 101 bicycle projects and $12M in park work—support long-term home values.
VA loans require a Certificate of Eligibility from the VA—that's your proof of service. Credit floor is typically 620 FICO, though most lenders prefer 640+. This scenario shows 740 FICO, which is solid middle-ground underwriting.
VA loans in California are offered by both retail banks and mortgage brokers. The VA guarantees a portion of the loan, which means lenders compete aggressively on rate and terms.
Brokers often beat retail banks on VA pricing because they shop multiple wholesale lenders. The funding fee is set by VA regulation—you can't negotiate it—but the interest rate and closing costs vary.
VA financing makes sense in Cloverdale for any veteran buying under $897,000—that's the VA loan limit in Sonoma County. The zero-down structure is the real win. At $750,000, you're avoiding a $150,000 down payment that would take years to save.
The one trade-off: the funding fee ($1,478 in this scenario at 0.197 discount points) gets rolled into the loan. That's real money over 30 years.
Conventional loans at this price point require 20% down ($150,000) to avoid PMI. FHA loans need only 3.5% down but carry lifetime mortgage insurance if you put less than 10% down.
The rate difference between VA and conventional is usually small—maybe 0.125% higher for VA. But when you factor in avoiding a $150,000 down payment, VA wins for veterans every time. FHA would still require mortgage insurance; VA does not.
Apple just opened a new 8,684-square-foot store at Montgomery Village in Santa Rosa in January 2026. That's 20 minutes from Cloverdale and signals real retail investment in the region.
Sonoma County is also launching Vamos al Tianguis, a monthly open-air market in Healdsburg celebrating Latino entrepreneurs. Combined with 20+ new restaurants opening spring 2026, the county is building a stronger local economy.
Yes — you must be an eligible veteran, active duty service member, or surviving spouse with a Certificate of Eligibility. The VA defines eligibility by service length and discharge status.
Principal and interest run $4,258 monthly at 5.5% on a $750,000 loan. That's the rate as of April 9, 2026, with 0.197 discount points ($1,478 upfront). Add property taxes, insurance, and HOA if applicable to get your full payment.
Yes — the VA minimum is 620 FICO, though most lenders prefer 640+. This scenario shows 740, which is solid. If your score is lower, we can still work with you; expect tighter underwriting and possibly a higher rate.
No — the funding fee is a one-time cost (2.15% for first-time use) that replaces PMI entirely. On a $750,000 loan, that's roughly $16,125. Unlike PMI, it never cancels and doesn't recur if you refinance.
No — if you have a 10% or higher VA disability rating, you're exempt from the funding fee. Purple Heart recipients and surviving spouses are also exempt. Bring your VA disability letter and we'll waive it.