Welcome to California VA lending at its best..
We specialize in the following:
- California VA Home Loans & VA Mortgage Approvals Same Day
- Email Loan Disclosures
- Funding & Closing locally in 10-14 days
- Easy Online California VA Home Loan Application
- Licensed mortgage professionals
- Lots of tips and help
Getting Started:
At California VA Home Loans Online, we specialize as a full service residential mortgage "banker" - a professional who handles your complete mortgage financing transaction in house. From processing the loan application to preparing the final closing documents, and even the day-to-day servicing of the loan, we know how to get you the best VA home mortgage loan with the best possible interest rate.
California VA Home Mortgage Loans has built a reputation on customer satisfaction and referrals. Our vision has been our heritage and the strength of our name, to be a leader in the mortgage lending arena. Our unique corporate mission is to fulfill the home financing and related needs of our California VA Home Loan customers and, in doing so, exceed expectations for service and quality.
Click Apply Online
As a direct VA Mortgage lender, we have the power to get loans approved fast.
RESIDUAL INCOME:
Residual income is the amount of net income remaining (after deducting debts, monthly federal, state, local
income tax deductions, and monthly housing expenses) to cover the family living expenses (food, clothing,
health care, etc.). The following tables display the minimum residual income required for a veteran to
qualify for a VA loan:
Table of Residual Incomes by Region for Loan Amounts of $80,000 and Above |
| Family Size |
| 1 | $491 |
| 2 | $823 |
| 3 | $990 |
| 4 | $1,117 |
| 5 | $1,158 |
Over 5 Add $80 for each additional member up to a family of seven. |
VA FUNDING FEE:
VA collects a funding fee on each loan to compensate for any losses or defaults unless veteran is exempt.
Typically 2.15% of purchase price for zero down.
Zero if veteran is disabled.
