VA Loan
A Superior Program to Recognize Our Heroes
What Is a VA Loan?
A VA home loan is insured by the U.S. Department of Veterans Affairs and issued by VA approved lenders. This government guaranteed loan encourages these approved lenders to lend with more flexible and lenient qualifying guidelines.
Qualifying for a VA Loan
The following qualify for a VA home loan with suitable credit, adequate income, and a valid Certificate of Eligibility:
♦ Veterans
♦ Actively Serving Military Personnel
♦ Surviving Spouses
What a VA loan offers
A VA loan provides more options including:
♦ 100% Financing available*
♦ No mortgage insurance requirement
♦ Financing up to 103.15%*
♦ Funding fee may be financed
VA Loan Benefits
First Time Buyers
Veterans purchasing their first homes can qualify for more home thanks to no requirement for mortgage insurance. The VA does not require a down payment, and homebuyers can even purchase a home that needs repairs or remodeling and include the costs of those repairs into the VA loan, up to 103.15%*.
Streamlined Refinance
This lowers the interest rates of many veterans without having to re-qualify. The VA mortgage is an incredible program that honors our heroes. The amazing benefits to buyers or borrowers cannot be matched by any other loan program. Purchase a home with no money down, borrow 100% of the value of the home or more, qualify with lenient guidelines, and avoid mortgage insurance requirements with a VA loan.
We’re here to help
The JJ Mack Team at American Pacific Mortgage specializes in Roseville Mortgages and helping California homebuyers navigate the VA loan process with confidence. With offices in Roseville, Sacramento, and Loomis, we combine local expertise with personal service to guide first-time buyers every step of the way. We’re committed to fast, smooth closings, ensuring your application is complete and stress-free. If you’re considering a VA loan, contact us or fill out the form below to explore how we can help you unlock the door to homeownership in California.
Let’s Work Together
Frequently Asked Questions
Q: What is a VA loan?
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. It often requires no down payment and no private mortgage insurance (PMI).
Q: Who is eligible for a VA loan?
Veterans, active-duty military, National Guard and Reserve members, and some surviving spouses may qualify. Eligibility is determined based on service history and meeting VA guidelines.
Q: Can I use a VA loan in California?
Yes! VA loans are available throughout California, including Roseville, Rocklin, Loomis, and Sacramento. They provide competitive interest rates and flexible terms to help eligible buyers purchase a home.
Q: Is there a VA funding fee, and can it be waived?
Most VA loans include a one-time funding fee that helps sustain the program. The amount depends on your down payment and whether you’ve used a VA loan before, and it can be financed into the loan. Veterans receiving VA disability compensation are typically exempt from the fee entirely — worth confirming with your lender, as it can save thousands.
Q: Can I use a VA loan more than once?
Yes. Your VA home loan benefit doesn’t expire and can be used multiple times. If you’ve paid off a previous VA loan, your entitlement is typically restored so you can use the benefit again. In some cases you may have remaining entitlement to use even with an existing VA loan.