Question 1

Do I need to put money down on a VA loan?

Accepted Answer

No. VA loans require zero down payment. You pay the funding fee (2.15% on first-time use, about $16,125 on a $750K loan) upfront or roll it into the loan. That's it—no down payment required.

Question 2

What's the monthly payment on a $750K VA loan in Sebastopol?

Accepted Answer

At 5.5% interest (APR 5.518%), the principal and interest payment is $4,258 monthly on a $750,000 loan. Add property taxes, insurance, and HOA if applicable. This scenario assumes 740 FICO, 30-year fixed, 30-day lock as of April 8, 2026.

Question 3

Do I pay PMI on a VA loan?

Accepted Answer

No. VA loans have no PMI at any down payment level. The funding fee replaces PMI. It's a one-time cost, not a monthly payment. If you're rated 10% disabled or higher by the VA, you skip the funding fee entirely.

Question 4

What credit score do I need for a VA loan in Sebastopol?

Accepted Answer

Most lenders require 740 FICO minimum for VA loans in California. Some lenders go as low as 620 with compensating factors, but 740 is the standard floor. You'll also need a Certificate of Eligibility from the VA.

Question 5

Can I buy a $750K home in Sebastopol with a VA loan?

Accepted Answer

Yes. The VA loan limit in Sonoma County is $897,000, so a $750K purchase is well within limits. No down payment required, and you close in 30-45 days with a broker. Sebastopol homes in that range are available.

VA 30-Year Fixed in Sebastopol: Zero Down, $750K Purchase at 5.5%