San Diego County CA VA Approved Condos For Sale in 2021

San Diego County CA VA Approved Condos For Sale

If you have previously been in the military and are looking for a new home, you may want to check out available condos, when you’re searching for your next address. 

A great thing about condos is that they are easier to keep up with in terms of maintenance, and they are often located in the heart of what is going on in the city.

While they are a little different than traditional houses, they can come with some major perks. 

For example, it’s not too hard to purchase one, if you’re eligible for a VA loan. 

Here’s a look at the process of finding a VA approved condo in San Diego, so you can see if it’s something that may suit your family’s needs. 

Here's a quick rundown of our list:

VA Loans

VA, or Veterans Administration, is a government agency you may have heard of. 

They are responsible for keeping up with the nation’s veterans and offering them a number of different programs and benefits.

One of these is a VA loan, which is given towards the purchase of a new home. 

Of course, you must be eligible for this type of loan to get one, as there are a few stipulations. 

A service member must have completed: 

  • 2 years of military service

  • 6 years as a Reservist/National Guardsman

  • 90 days active duty when the nation was at war, or

  • 181 days active duty in times of peace

Along with this type of loan, you won’t be required to offer up a down payment and will have low interest rates as well. 

Make sure you check out our San Diego VA mortgage loan articles for more details. 

VA Approved Condos

There are already many condos that are approved to receive this kind of loan.

In order to find an approved condo, you’ll first need to search the database on the VA website

This will help you find condos that you can purchase in the areas you are interested in around San Diego. 

The buildings have to go through a special process in order to be eligible and they must meet certain requirements as well.

You can’t just go find a condo in any complex and hope you’ll get a loan approval, which is essentially what the process previously consisted of. 

The entire building has to be vetted now, which can streamline the process and make it easier to find what you want. 

San Diego Homeowners: We have qualified buyers desperately seeking to buy immediately and pay top dollar…

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VA Condominium Rules

Here is a look at the rules that a complex must follow in order to meet the VA regulations:

  • They must be able to produce 3 years of financial documents, which are in good order.

  • No one person or company can hold more than 10% of the units.

  • There can only be 10% or fewer units that have HOA fees that are 60 days late.

  • They must have a minimum of 35% of units occupied.

  • They must have at least 20% of their budget readily available, to protect against damages, emergencies, and other things. 

  • All units must be covered by insurance policies.

These rules must be met by all condo buildings that want to be certified for VA loans. 

If they don’t meet them, then they won’t be accepted. 

If you find a condo you want and it is eligible for a VA loan, most of the work is done for you. 

Get Your Fast, Free, Secure San Diego VA Mortgage Rate Now

However, if the condo you want to purchase is not eligible for that type of loan, there are three things you can do. 

You can meet with the board or management of a property and ask them if they would be willing to get on the VA loan approved list. 

It can be a lengthy and invasive process, but it can also be quite worthwhile to a given property. 

You can also consider getting a different type of loan, if you are really in love with a property and don’t want it to go to someone else. 

Each type of loan has its pros and cons, so you’ll likely want to meet with a real estate agent to discuss what your options are and how to get the best deal. 

The third thing you can do is just keep looking. 

Even if you have your heart set on a property that isn’t eligible, if you wait a little while, it may become eligible, or you may end up finding something you like more. 

Keep in mind that finding one of these condos doesn’t necessarily guarantee that you will get a loan to buy one, but if the site is eligible, and you are also, there’s a good chance you’ll get the VA loan you’ll looking forward to.

See the latest San Diego homes, townhomes, and condos for sale

Tips

Although you might be anxious to get into a new home, don’t hesitate to take your time when looking for applicable condos. 

You still want to get a good deal, even if you are eligible for a loan that has the perks that a VA loan has.

Furthermore, this is where you will potentially be living for a long time, so you want to be sure you like the area and enjoy the place. 

If you still aren’t sold on a condo, there are a few more things that make them a great place to live. 

You’ll likely have access to amenities that would normally cost you extra, like security, fitness areas, or pools. 

Apply Now: Why wait? Apply online 24/7 using our secure loan application, from any computer or device, and let Scott find the best loan options based on your needs – takes less than 10 minutes…

The Takeaway

There’s no right answer when it comes to what type of home you can purchase for your family with a VA loan.

This means you can even choose a condo, if that’s something that interests you.

Until recently, you were able to choose which condo you wanted and possibly get approved for a loan, but now things are a little bit different. 

Now you must search for eligible units via the VA page, which can help you find prospective places in different areas. 

It will also show you a condo report, so you’ll know what to do next. 

There are many reasons to choose a condo over a traditional home, especially if you don’t need a lot of space. 

They are cheaper, you won’t be responsible for high maintenance costs, and there are often high levels of security in place.

Don't Miss Out! Get Your Custom Quote Now!

What do you think?

Leave me a comment below – or, contact me here

Your VA Condo Insider, 

Scott

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See San Diego's VA Approved Condos Below...

252 Properties
Page 1 of 21
$459,000
Subdivision: Park Mesa
1
Beds
1
Baths
880
Sq.Ft.
1980
Year Built
2
Days on Site
210029655
MLS
Tucked within the sought-after Park Mesa community surrounded by natural beauty, this stunning townhome offers open, main level living areas with a balcony and Brazilian Rosewood flooring, a spacious...
$527,900
Subdivision: Rancho Bernardo
2
Beds
2
Baths
907
Sq.Ft.
1987
Year Built
2
Days on Site
210029661
MLS
Lovely 2 bedroom, 2 bathroom, lower level, single story condo with neighborhood views in the community of Stony Brook in the Rancho Bernardo area of San Diego! Enjoy the ease of single level living...
$490,000
Subdivision: Brandywine
4
Beds
2F11/2
Baths
1,460
Sq.Ft.
1975
Year Built
3
Days on Site
210029617
MLS
Chula Vista GEM at Bon Vivant! Located south of Olympic Parkway and east of the 805. Minutes from stores, restaurants, and Valle Lindo Park; this townhouse has it all: 1,460 SqFt, 4 bedrooms, 3...
$408,900
Subdivision: National City
2
Beds
2
Baths
1,081
Sq.Ft.
1981
Year Built
3
Days on Site
210029618
MLS
Lovely 2 bedroom, 2 bathroom, single story condo with community views in the Las Palmas Park Villas in National City! Enjoy a spacious floor plan with an inviting brick fireplace, ceiling fans, and a...
2
Beds
2
Baths
963
Sq.Ft.
1968
Year Built
3
Days on Site
304997547
MLS
Charming and cozy 2 bedroom Condo on 3rd Ave. Crown moldings decorate the bright & spacious living room and both bedrooms. Tile floors and laminated floors that make the perfect match for this lovely...
$590,000
Subdivision: Lakeside
3
Beds
2F11/2
Baths
1,465
Sq.Ft.
2017
Year Built
3
Days on Site
210029634
MLS
This beautiful turnkey home in the highly coveted Bolder Point Community of Lakeside offers modern amenities and plenty of upgrades. The large master retreat comes complete with a walk-in closet, tub...
$529,000
Subdivision: North Park
2
Beds
2
Baths
1,080
Sq.Ft.
1986
Year Built
3
Days on Site
210029643
MLS
Live in the mix of vibrant, hip North Park, where Balboa Park, Morley Field, riding and walking trails, and some of San Diego's best restaurants and boutiques are just minutes away in all directions!...
$766,000
Subdivision: Kearny Mesa
3
Beds
3
Baths
1,472
Sq.Ft.
2004
Year Built
4
Days on Site
210029527
MLS
Beautiful 3 bedroom, 3 bathroom, 3 story condo in the community of Tribeca at Spectrum in the Kearny Mesa area of San Diego! Enjoy elegant wood flooring on the main level, a gourmet kitchen, and 2...
$550,000
Subdivision: Fashion Hills
2
Beds
2
Baths
1,046
Sq.Ft.
1988
Year Built
4
Days on Site
210029513
MLS
Everything you want in this Fashion Hills Beauty! Above Fashion Valley (walking distance) in the beautifully landscaped City Scene community. Upgraded kitchen & baths, freshly painted 2 bedroom/2...
$399,000
Subdivision: Paradise Hills
2
Beds
2
Baths
900
Sq.Ft.
1982
Year Built
4
Days on Site
210029519
MLS
Wonderful 2 bed 2 bath condo in the Villa Bonita complex located in Paradise Hills. This bottom level, spacious condo features laminate flooring, generously sized bedrooms and is ready for a new...
$510,900
Subdivision: San Diego
2
Beds
2
Baths
827
Sq.Ft.
1993
Year Built
4
Days on Site
210029525
MLS
Lovely 2 bedroom, 2 bathroom, single story condo in the highly desired community of Golden Hills in San Diego! Enjoy a spacious floor plan with carpet flooring, a breakfast bar, and sliding doors to...
$605,000
Subdivision: Otay Mesa
3
Beds
3
Baths
1,643
Sq.Ft.
2018
Year Built
4
Days on Site
304996771
MLS
This home boasts pride of ownership offering 1643 sqft with 3 bedroom 4 bathroom and a 2 car garage. This exquisite townhomehas a spacious floor plan with lots of natural light. The first floor...

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