VA Loan Limits For California Counties

VA financing sets VA loan limits for each county in California.  This is in most cases the maximum VA loan amount you can get with 100% financing.  You can go over these VA loan limits in California if you put money down or have equity in your property for a refinance.  Below are the VA loan limits for the larger counties in California:

• Los Angeles VA loan limit: $593,750
• San Diego VA loan limit: $437,500
• Alameda VA loan limit:$962,500
• San Francisco VA loan limit:962,500
• Orange County VA loan limit:$593,750
• Riverside County VA loan limit:$417,500
• Fresno County VA loan limit:$417,500
• San Bernardino County VA loan limit:$417,500
• Sacramento County VA loan limit:$418,750
• Santa Clara County VA loan limit:$633,750
• San Mateo VA loan limit:$962,500

Give us a call if your county is not on our list and we’ll let you know the limit. 

And as I said earlier, the above maximum VA loan amounts are for 100% financing.  You can go above these limits with a small amount down or on a VA refinance if you have equity.  Here are some examples.  Say you wanted to buy a $800,000 house in Los Angeles County with a VA loan.  You would take the purchase price of $800,000 minus the Los Angeles County VA loan limit of $593,750 = $206,250.  Than multiply $206,250 X .25 = $51,625.  So you would have to put $51,625 to buy a $800,000 home with a VA loan in Los Angeles County.  That’s only a little over 6% down!  Or if you wanted to do a VA refinance and you have a $800,000 home in Los Angeles County, you could refinance up to a loan amount of $748,375.  You can apply this formula to any county if you go over that counties VA loan limit.

Don’t hesitate to call 858-922-7899 or email homeloan8@gmail.com if you have any questions about VA financing in California.

Best Regards,

Rob Chomentowski

Sr. Loan Officer (and VA specialist)

858-922-7899

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