Veteran loan limits for 2016 remain $417,000, except in California Counties listed below where there are higher limits. For details please visit www.VeteranTony.com
The VA loan limit is the max amount that the Department of Veterans Affairs will guaranty.
Effective January, 2016 the California Counties listed below will have loan limits greater than the standard VA loan limit of $417,500. The increased VA loan limits are intended to help Veterans in more expensive areas to borrow more without having to put any money down.
CALIFORNIA COUNTY |
VA LOAN LIMIT |
CONTACT |
Alameda |
$625,500 |
|
Alpine |
$463,450 |
|
Contra Costa |
$625,500 |
|
El Dorado |
$474,950 |
|
Los Angeles |
$625,500 |
|
Marin |
$625,500 |
|
Mono |
$529,000 |
|
Monterey |
$529,000 |
|
Napa |
$625,500 |
|
Nevada |
$477,250 |
|
Orange |
$625,500 |
|
Placer |
$474,950 |
|
Sacramento |
$474,950 |
|
San Benito |
$625,500 |
|
San Diego |
$580,750 |
|
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 |
$554,300 |
|
Ventura |
$603,750 |
|
Yolo |
$474,950 |
Working with Other Veterans
With all the recent advertisements about VA Home Loans many veterans get confused on where to start. One of the best things you can do is work with a fellow veteran that understands the VA Loan Process. At www.VeteranTony.com you get personalized help from a fellow veteran that understands the process, and more importantly knows how to get you direct lender credits that can save you thousands in fees!
Most veterans will turn to institutional lenders simply because they have seen TV advertisements, and can end up paying more fees. Even though these fees are not necessarily “out of pocket fees” they are still a part of the loan and can increase your monthly payment/APR. If you are the type of person that likes personalized attention and likes to save money then please visit www.VeteranTony.com for help with your VA Loan.