Question 1

Can I use a VA loan in Dinuba with no down payment?

Accepted Answer

Yes. VA loans allow 100% financing for eligible borrowers. Zero down is a core benefit of the program.

Question 2

Does FHA mortgage insurance ever go away?

Accepted Answer

Not if you put less than 10% down. With 10% or more, MIP drops after 11 years.

Question 3

Which loan has a lower interest rate, FHA or VA?

Accepted Answer

VA rates typically run slightly lower than FHA. Rates vary by borrower profile and market conditions.

Question 4

Can I have both FHA and VA eligibility?

Accepted Answer

Yes. If you qualify for VA, use it — the savings almost always outweigh FHA's flexibility advantages.

Question 5

What credit score do I need for a VA loan?

Accepted Answer

VA sets no official minimum. Most lenders in our network want at least 580, sometimes 620.

Question 6

Is the VA funding fee required for every veteran?

Accepted Answer

No. Veterans with a service-connected disability rating are typically exempt from the funding fee.

FHA vs VA Loans in Dinuba, CA: Which One Wins for You?