VA LOAN LIMITS FOR COUNTIES WITH HIGH-PRICED HOMES

In most counties, the VA loan limit for a home purchase is $417,000. This doesn't mean that you can't purchase a home more expensive than $417,000 (likely with a down payment in excess of the applicable county loan limit), but $417,000 is the maximum guaranty amount allotted by the VA. 

However, there are certain counties where the average home price, even for a small home, is well above $417,000. Rather than force a veteran to move or be unable to use their VA benefit, there are able to be some adjustments and exceptions. In these high-priced counties, the VA makes a county-by-county exception for its VA loan limits. This amount is subject to change from year to year.

Below are the VA county loan limits for qualifying counties in California. There are also altered loan limits for counties in Alaska, Colorado, Connecticut, Washington DC, Florida, Guam, Hawaii, Idaho, Massachusetts, Maryland, North Carolina, Hew Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee, Virginia, the Virgin Islands, Washington, West Virginia, and Wyoming. If you live in any of these states and would like to see if your county is included in a raised VA loan limit, and for what amount, give one of our VA specialist loan professionals here at Patriot Home Mortgage-Pacific Group a call today and we can answer any questions you may have. 

COUNTIES IN CA WITH VA LOAN LIMITS AND LIMIT AMOUNT (2015)

ALAMEDA  $625,000

CONTRA COSTA  $625,000

EL DORADO   $474,950

LOS ANGELES   $625,500

MARIN   $625,500

MONTEREY   $502,550

NAPA   $615,250

ORANGE   $625,500

PLACER   $474,950

SACRAMENTO   $474,950

SAN BENITO   $625,500

SAN DIEGO   $562,350

SAN FRANCISCO   $625,500

SAN LUIS OBISPO   $561,200

SAN MATEO   $625,500

SANTA BARBARA   $625,500

SANTA CLARA   $625,500

SANTA CRUZ   $625,500

SONOMA   $520,950

VENTURA   $603,750

YOLO   $474,950