Table of Contents
- What is the VA Loan Limit?
- How to Apply for a VA Home Loan?
- What is the Median Home Price?
- What are the VA Appraisal Fees?
- Do I need Flood Insurance?
- How do I learn about Property Taxes?
- What is the Population?
- What are the major cities?
- About Butte County
- Veteran Information
- Apply for a VA Home Loan
- VA Approved Condos
FAQ
What is the VA Loan Limit?
2021 VA Home Loan Limit: $0 down up to $5,000,000* (Subject to lender limits) /2 open VA loans at one time $548,250* (Call 888-573-4496 for details).
How to Apply for a VA Home Loan?
This is a quick look at how to apply for a VA home loan in Butte County. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Butte County. If you have any questions, you can call us at VA HLC and we’ll help you get started.
- Get your Certificate of Eligibility (COE)
- Give us a call at (877) 432-5626 and we’ll get your COE for you.
- Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
- Get pre-approved, to get pre-approved for a loan, you’ll need:
- Previous two years of W2s
- Most recent 30 days paystubs or LES (active duty)
- Most recent 60 days bank statements
- Landlord and HR/Payroll Department contact info
- Find a home
- We can help you check whether the home is in one of the Butte County flood zones
- Get the necessary inspections
- Termite inspection: required
- Well or septic inspections needed, if applicable
- Get the home appraised
- We can help you find a VA-Certified appraiser in Butte County and schedule the process
- Construction loan note: Construction permit/appraisal info
- Building permit
- Elevation certificate
- Lock in your interest rates
- Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
- Close the deal and get packing!
- You’re ready to go.
What is the Median Home Price?
As of March 31, 2021, the median home value for Butte County is $357,377. In addition, the median household income for residents of the county is $52,537.
How much are the VA Appraisal Fees?
- Single-Family: $600.
- Individual Condo: $600.
- Manufactured Homes: $600.
- 2-4 Unit Multi-Family: $850.
- Appraisal Turnaround Times: 7 days.
Do I need Flood Insurance?
- The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
- In Butte County, these areas are primarily located along the rivers and near Chico. In addition, FEMA recommends people get flood insurance if their property is in an area that was damaged by the fires.
How do I learn about Property Taxes?
- Diane Brown is the current tax assessor for Butte County, with her office at 25 County Center Drive, Suite 100, Oroville, California 95965, which can be called at (530) 552-3800.
- Disabled veterans can be eligible for property tax exemptions in California. You can apply for your exemption through the County Assessor’s Office.
What is the Population?
- The county’s population of 219,186 is 70% White, 17% Hispanic, and 5% Asian.
- Most county residents are between 18 and 65 years old, with 20% under 18 years old and 18% older than 65.
- In total, the county has about 85,320 households, with an average of 2.5 people per household.
What are the major cities?
Butte County has a total of four cities and one town with the county seat being in the city of Oroville. The three other cities are Biggs, Chico, and Gridley with the one town being Paradise.
About Butte County
Butte County’s largest city named Chico is most famous for Chico State University. However, it is more than just a college town; Chico is also an artistic hub. Thanks to the public art program, you are sure to see many murals, sculptures, and artistic displays just walking around the streets of Chico. The city’s annual Artoberfest celebrates local art and culture all month long.
In addition to the lively arts scene, Butte County is also at the heart of California’s agricultural region. You can get back in touch with the seasons, enjoying the different fruits and vegetables grown in the area. Farmers’ markets in Butte County run all year long.
Once you get outside the cities, you can start to appreciate the natural beauty of Butte County. Although it was founded during the gold rush, the county’s natural wealth goes beyond just gold. There are thousands of trails and nature parks throughout the county, perfect for exploring by bike, on foot, or horseback.
You will see that living in California does not mean going without a winter wonderland in the high country. Areas like Butte Meadow are covered in snow each winter. Whether you make these mountains your home or travel up to see the snow, you will appreciate the seasonal beauty of Butte County.
Veteran Information
The county is currently home to 14,209 veterans.
- Butte County is home to five VFW post:
- Post 9602 Warren Scott Post – 2374 Montgomery Street, Oroville, California 95965.
- Post-1747 Oroville Post – 2374 Montgomery Street, Oroville, California 95965.
- Post-2039 Max Bille Post – 6550 Skyway, Paradise, California 95969.
- Post 5731 Warren H. Mc Cutcheon Post – 249 Sycamore Street, Gridley, California 95948.
- Post 1555 Chico Post – 554 Rio Lindo Ave. Chico, California 95926.
- VA Medical Centers in the county:
- Chico VA Clinic – 1601 Concord Avenue, Chico, California 95928.
- Chico Vet Center – 250 Cohasset Road, Suite 40, Chico, California 95926.
- County Veteran Assistance Information
- Butte County Veteran Services Office – 765 East Avenue, Suite 200, Chico, California 95926.
Apply for a VA Home Loan
- For more information about VA Home Loans and how to apply, click here.
- If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.
- VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.
VA Approved Condos
| Name (ID): EDEN ROC ESTATES (000283) Address: 6405 PENTZ RD PARADISE CA 95969 BUTTE Status: Accepted Without Conditions Request Received Date: 08/23/2017 Review Completion Date: 09/26/2017 | Name (ID): HARTFORD PARK (000165) Address: 2099 HARTFORD DRIVE CHICO CA 95928 BUTTE Status: Accepted Without Conditions Request Received Date: 09/17/2015 Review Completion Date: 10/13/2015 |
| Name (ID): SAWGRASS ESTATES CONDOS (007514) Address: CHICO CA 95928 BUTTE Status: HUD Accepted Request Received Date: 10/02/2008 Review Completion Date: 10/02/2008 | Name (ID): SIERRA LAKESIDE POA (000245) Address: 1 SIERRA LAKESIDE LANE CHICO CA 92928 BUTTE Status: Accepted Without Conditions Request Received Date: 02/20/2017 Review Completion Date: 03/08/2017 |
| Name (ID): SIERRA SUNRISE (000247) Address: 1SIERRA LAKESIDE LANE CHICO CA 92928 BUTTE Status: Accepted Without Conditions Request Received Date: 02/23/2017 Review Completion Date: 03/08/2017 | Name (ID): SUNRIDGE CONDOMINIUMS (007402) Address: 2055 AMANDA WAY CHICO CA 95926 BUTTE Status: Accepted Without Conditions Request Received Date: 05/14/2006 Review Completion Date: 05/23/2006 |
