Updated VA Loan Limits

The Department of Veterans Affairs (VA) Loan Guaranty program does not set a maximum amount that an eligible Veteran may borrow using a VA-guaranteed loan. Lenders may make loans to Veterans greater than the maximum county loan limit; however, lenders may require Veterans to make a down payment for the amount borrowed in excess of the applicable county loan limit.

The following county loan limits must be used to calculate VA’s maximum guaranty amount. These limits apply to all loans closed January 1, 2018 through December 31, 2018. VA loan limits are based on county median home values reported by the Federal Housing Administration. These values are the basis for which VA calculates limits for our program.

The maximum guaranty amount for loans over $144,000 is 25 percent of the 2018 VA county loan limit shown below. Veterans with full entitlement available may borrow up to this limit and VA will guarantee 25% of the loan amount.

Any counties NOT SHOWN have loan limits capped at $424,000.

VA County Loan Limits for California:

2018 VA LOAN LIMITS
ALAMEDA$679,650
ALPINE$463,450
CONTRA COSTA$679,650
EL DORADO$517,500
LOS ANGELES$679,650
MARIN$679,650
MONO$529,000
MONTEREY$615,250
NAPA$679,650
NEVADA$477,250
ORANGE$679,650
PLACER$517,500
SACRAMENTO$517,500
SAN BENITO$679,650
SAN DIEGO$649,750
SAN FRANCISCO$679,650
SAN LUIS OBISPO$615,250
SAN MATEO$679,650
SANTA BARBARA$625,500
SANTA CLARA$679,650
SANTA CRUZ$679,650
SOLANO$460,000
SONOMA$648,600
VENTURA$672,750
YOLO$517,500

At present, CalVet’s maximum loan limit is $521,250.

100% financing is still available for all counties using either a VA Loan or a CalVet Home Loan. It is still possible to borrow MORE than the stated loan limit, but a down payment would be required.

Find out how much you’re qualified to borrow by completing an application or giving us a call at 800-734-5572.