Question 1

Can I use a VA loan to buy a rental property in Rohnert Park?

Accepted Answer

No. VA loans require the property to be your primary residence. Investment purchases require a conventional or other non-VA loan.

Question 2

Do VA loans have loan limits in Sonoma County?

Accepted Answer

Veterans with full entitlement have no VA loan limit. Reduced entitlement situations may still carry limits — confirm your COE status first.

Question 3

Which loan has lower monthly payments?

Accepted Answer

VA loans often win on monthly cost — no PMI and slightly lower rates help. Rates vary by borrower profile and market conditions.

Question 4

What credit score do I need for each loan?

Accepted Answer

Conventional lenders typically require 620. VA has no official minimum, but most lenders want at least 580 to 620.

Question 5

Can I use both programs if I qualify for both?

Accepted Answer

You can only use one per purchase. Run both scenarios side by side — we do that comparison for every eligible veteran we work with.

Question 6

What is the VA funding fee?

Accepted Answer

It's a one-time fee charged by the VA, based on down payment and service history. Disabled veterans are often fully exempt.

Conventional vs VA Loans in Rohnert Park