Bottom Line Up Front
VA loans are guaranteed by the Department of Veterans Affairs — zero down, no PMI, competitive rates, and flexible qualification. A lifetime benefit for eligible service members.
Overview
VA loans are guaranteed by the Department of Veterans Affairs — zero down, no PMI, competitive rates, and flexible qualification. A lifetime benefit for eligible service members.
Who Qualifies?
Military service requirements. Certificate of Eligibility needed. Most lenders accept 620+ credit.
Key Benefits
- ✓Zero down payment
- ✓No PMI
- ✓Competitive rates
- ✓Limited closing costs
- ✓Reusable lifetime benefit
- ✓Funding fee waiver for disabled vets
✅ Pros
- 100% financing
- No mortgage insurance
- Below-market rates
- Flexible credit
⚠️ Considerations
- VA funding fee (unless exempt)
- Primary residence only
- VA property requirements
California-Specific Information
California has one of the largest veteran populations. No maximum loan for full entitlement — purchase any price with zero down.
Rates & Pricing
Typically 0.25-0.50% lower than conventional. Funding fee 1.25-3.3% (waived for disabled vets).
Why Choose Save Financial for VA Loans?
Save Financial is a trusted California mortgage broker (NMLS #377740) with 45 years of combined experience and relationships with 20+ wholesale lenders. We specialize in finding the best va loans rates and terms for California borrowers. Our $500 price guarantee means if we can't beat another lender's offer, you get $500. We serve 60+ California cities from our offices in Newport Beach and Marina del Rey, and our team speaks English and Spanish.
Call (888) 703-1840 or get a free quote online — open 7 days a week, 9AM–8PM.
$500 Cash Loan Price Match Guarantee
Get a written offer from any lender. If Save Financial cannot beat it for the same product, we pay you $500 cash.
NMLS #377740 · DRE #01875766 · Call (888) 703-1840
Reviewed By
Mike Baasti, Licensed Mortgage Broker
Founder of Save Financial, Inc. (NMLS #377740) in Newport Beach, CA. 20+ years in residential and investment lending across conventional, FHA, VA, jumbo, hard money, bank statement, and specialty mortgage programs.