Today's 30 year Fixed Rate: 6.625% 6.71%APR

VA Loans

VA Loans

What are VA Loans?

israel-palacio-IprD0z0zqss-unsplashVA Loans are Designed to offer long-term financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Advantages of a VA loan

NO loan limits

Very high ratios are allowed: over 50%.

No down payment

NO monthly mortgage insurance.

Fico scores as low as 585.

If you have become disabled due to service-related injuries, your funding fee is waived.

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NMLS 1665027 CA DRE
Personal NMLS 282851

Equal Housing Lender


RC Advantage
698 Whiting St
Grass Valley, CA 95945