Va Loan Limits

VA Mortgage Loan Limits In California

by rob on January 27, 2012

VA mortgage loan limits have changed for California in 2012.   Below are the new VA loan limits for major California cities: San Diego: $477,000 Los Angeles:$621,000 Orange County: $625,000 San Francisco: $625,500 San Jose: $625,500 East Bay (Contra Costa County, Alameda County): $625,500 Napa: $460,000 San Luis Obispo: $457,700 San Mateo:$625,500 Santa Barbara:$598,000 Santa Cruz: [...]

There are thousands and thousands of VA eligible homeowners in California that have gone though a short sale in the past few years in California.  The great news for those that are eligible for VA financing is that you only have to wait two years from the date the deed to the property that short [...]

VA home loan rates have once again fallen though the floor where they are breaking record loans again.   So if you haven’t yet it could be a great chance to take a look a VA loan refinance to lower your payment and dramatically lower the amount of interest you pay on your mortgage per year.  [...]

New 2012 VA Loan Limits in California

by rob on December 12, 2011

New 2012 VA loan limits for California in have just been published and there have been some substantial changes.  VA loan limits in the state of California range from $417,000 to $625,500 depending on the median home price for each county in California.  These VA loan limits are for 100% financing.  So a VA borrower can [...]

The Best of VA home loans in California

by rob on November 16, 2011

This post outlines some of the best highlights of VA home loans in California: VA home loans are 100% financing zero down payment VA home loan requirements allow for a very high debt-to-income ratio, even higher than FHA and conventional loans VA loan limits go up to $1 million with zero down in San Francisco, [...]

Short sales have been very common throughout the state of California the last four years.  Many borrowers have found themselves upside down on their properties after the decline in house prices mostly in 2008 and 2009.  The good news is that you can get a VA loan only two years after a short sale.  This means many [...]

VA home loan requirements only require a two year wait after a chapter 7 bankruptcy for active military and veterans to qualify for a VA home loan in California.  The wait after a chapter 13 bankruptcy is only 1 year.  Many times borrowers VA loan credit score had rebounded to over a 640 score in [...]