Reno VA Home Loans
Biggest Little City

The 2025 VA loan limit for Washoe County (including Reno and Sparks) is $806,500 for a single-family home. Veterans with full VA entitlement can purchase up to this amount with zero down payment.

For multi-unit properties: $1,032,500 (duplex), $1,248,250 (triplex), and $1,550,250 (fourplex). These limits apply to homes purchased with $0 down.

If you're purchasing above these limits, you may need a down payment equal to 25% of the amount over the limit.

No, VA loans do not require a down payment for qualified veterans purchasing homes up to the county loan limit ($806,500 in Washoe County).

This is one of the biggest advantages of VA loans compared to conventional mortgages, which typically require 5-20% down. On a $500,000 Reno home, that saves you $25,000-$100,000 upfront.

Popular Reno neighborhoods for military families include:

• Somersett - Master-planned community with excellent schools and amenities
• Caughlin Ranch - Established family neighborhood with parks and trails
• South Reno - New construction close to Mt. Rose Ski Resort
• Old Southwest - Historic charm with walkable streets near downtown
• Spanish Springs - Affordable options in North Valleys

We help you find the right neighborhood based on your budget, commute, and lifestyle preferences.

Pre-approval typically takes 24 hours. Once you've found a home and submitted a complete application, the full approval and closing process takes 30-45 days on average.

Timeline breakdown: Initial pre-approval (1 day), home shopping (varies), full application submission (1 day), underwriting (7-14 days), VA appraisal (7-10 days), final approval (3-5 days), closing (1 day).

The VA funding fee for first-time use with no down payment is 2.15% of the loan amount. On a $500,000 loan, that's $10,750. The fee can be financed into your loan.

Exemptions: Veterans receiving VA disability compensation are exempt from the funding fee. Surviving spouses are also exempt.

The funding fee is lower if you make a down payment: 1.5% with 5% down, or 1.25% with 10%+ down.

Yes! VA loans can be used anywhere in Washoe County, including Sparks, Reno, Incline Village, and unincorporated areas.

Sparks offers more affordable options than central Reno, with a strong sense of community and good schools. The same $806,500 loan limit applies.