By Steven Hyde, Founder, Hyde Funding · NMLS #391380. Reviewed 2026-10-19. Hyde Funding is a mortgage lender headquartered in San Diego, lending nationwide since 2015, and is not affiliated with the U.S. Department of Veterans Affairs.
Short answer: A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs. It lets eligible veterans, service members, and some surviving spouses buy with no down payment and no monthly mortgage insurance. Borrowers with full entitlement have no VA loan limit, which matters in high-cost markets like San Diego County (2026 one-unit limit: $1,104,000). Hyde Funding is headquartered in San Diego and lends in all states.
VA loans are made by private lenders like Hyde Funding, not by the VA. The VA guarantees part of the loan, and that guarantee is why lenders can offer $0 down. Hyde Funding has helped San Diego military families finance homes since 2015.
Most service members qualify after 90 continuous days of active duty. Gulf War–era veterans generally need 24 continuous months or the full period they were called up for (at least 90 days). Guard and Reserve members can qualify through 90 days of qualifying active service or 6 creditable years. Details: eligibility & COE guide.
There is no monthly mortgage insurance. Most borrowers pay a one-time VA funding fee: 2.15% for first use with less than 5% down, and 3.3% for subsequent use with less than 5% down. Veterans receiving VA disability compensation are exempt. See the 2026 funding fee guide.
Yes. With full entitlement the VA sets no loan limit. Your lender still approves you based on income, credit, and appraisal. With reduced entitlement, a down payment may be needed above the county limit. See VA jumbo & loan limits and full entitlement.
| Goal | Program | Guide |
|---|---|---|
| Buy with $0 down | VA purchase | San Diego |
| Buy above $1.104M | VA jumbo | VA jumbo · Coronado |
| Lower my VA rate | IRRRL | IRRRL |
| Take equity / refi non-VA loan | VA cash-out | Cash-out |
| Near Camp Pendleton | VA purchase | Oceanside |
Hyde Funding has served San Diego military families since 2015, and Steven works every file personally. Hyde Funding is headquartered at 8996 Miramar Rd, Suite 250, in San Diego, minutes from MCAS Miramar, and lends in all states.
No, for eligible borrowers with full entitlement. The VA allows 100% financing, and the loan is capped by the lower of the appraised value or purchase price.
Not for borrowers with full entitlement. County limits (for example, $1,104,000 in San Diego County) only matter when you have reduced entitlement, for example when an existing VA loan is still active.
The VA does not set a minimum credit score. Hyde Funding encourages veterans with every credit profile to apply. If your credit needs significant work, we can refer you to a trusted credit repair partner.
You can request your COE online at VA.gov or ask your lender to request it electronically through the VA portal, which is often fastest.
Talk to Steven: (858) 775-1005 · Free VA consultation · Apply now
fullcountyloanlimitlist2026_hera-based_final_flat.csv on Oct 15, 2026)Steven Hyde, NMLS #391380. Equal Housing Opportunity. Hyde Funding is not a government agency and is not affiliated with the VA. This is general information, not a loan commitment; terms depend on credit, income, property, and lender approval.