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VA Loan Limits for 2013 – up to $987,500 in California

VA Loan Limits for 2013 – up to $987,500 in California

Click here for 2015 California VA Loan Limits by county

The Veterans Administration has announced the VA Loan Limits for California for 2013. The formula for generating the VA Loan Limits was altered by Congress in 2008, and was reinstated beginning August 6, 2012.

The VA Jumbo Loan allows Veterans and Active Duty Military Personnel to purchase homes in higher cost areas of California and Washington at loan amounts more in sync with local housing prices. Qualified Vet’s can purchase up to $987,500 with zero money down.

Some examples of the new VA Loan Limits in California are: Veterans in Los Angeles, Orange County, Ventura, Brea, Pasadena, Irvine, Costa Mesa, Huntington Beach, and Long Beach may qualify for a 100% VA Jumbo loan up to $668,750. San Diego County cities including San Diego, Oceanside, Chula Vista, El Cajon, Encinitas, Carlsbad, San Marcos, Escondido, Rancho Bernardo, la Mesa and National City a Vet can borrow up to $500,000 with no money down when buying a house. San Jose vets can go up to $823,750 with no money down VA Purchase Loan. SF Bay Area Vets buying a home in San Francisco, Alameda, Oakland, Fremont, Contra Costa, Marin, San Mateo, Daly City, etc can qualify up to $987,500 for a 100% VA Loan as well. We also offer VA Loans that exceed these limits with the appropriate amount of Down payment on purchases, or equity on Refinances.

VanDyk Mortgage is a proud VA Lender serving many states including California, Georgia, Massachusetts, Virginia, Washington, and more.

We have compiled the California VA Loan limits for 2013 by county below.

State County 2013 VA Loan Limit

CA ALAMEDA $987,500

CA ALPINE $417,000

CA AMADOR $417,000

CA BUTTE $417,000

CA CALAVERAS $417,000

CA COLUSA $417,000

CA CONTRA COSTA $987,500

CA DEL NORTE $417,000

CA EL DORADO $417,000

CA FRESNO $417,000

CA GLENN $417,000

CA HUMBOLDT $417,000

CA IMPERIAL $417,000

CA INYO $417,000

CA KERN $417,000

CA KINGS $417,000

CA LAKE $417,000

CA LASSEN $417,000

CA LOS ANGELES $668,750

CA MADERA $417,000

CA MARIN $987,500

CA MARIPOSA $417,000

CA MENDOCINO $417,000

CA MERCED $417,000

CA MODOC $417,000

CA MONO $437,500

CA MONTEREY $425,000

CA NAPA $521,250

CA NEVADA $417,000

CA ORANGE $668,750

CA PLACER $417,000

CA PLUMAS $417,000

CA RIVERSIDE $417,000

CA SACRAMENTO $417,000

CA SAN BENITO $823,750

CA SAN BERNARDINO $417,000

CA SAN DIEGO $500,000

CA SAN FRANCISCO $987,500

CA SAN JOAQUIN $417,000

CA SAN LUIS OBISPO $481,250

CA SAN MATEO $987,500

CA SANTA BARBARA $593,750

CA SANTA CLARA $823,750

CA SANTA CRUZ $668,750

CA SHASTA $417,000

CA SIERRA $417,000

CA SISKIYOU $417,000

CA SOLANO $417,000

CA SONOMA $448,750

CA STANISLAUS $417,000

CA SUTTER $417,000

CA TEHAMA $417,000

CA TRINITY $417,000

CA TULARE $417,000

CA TUOLUMNE $417,000

CA VENTURA $546,250

CA YOLO $417,000

CA YUBA $417,000

Many Vets would like to purchase or refinance a home that exceeds their County’s VA Loan Limit. If you need a VA loan for a higher amount than your county loan limit, please call us. We do offer VA loans over the county loan limits for Purchase, Refinance, and VA IRRRL Streamline Refinance (aka VA Streamline). Call Brian Skaar at 760-752-4480 to get started.

 

VanDyk Mortgage also offers FHA, VA, & Conventional loans in addition to FHA Jumbo, VA Jumbo, and Conforming Jumbo loans (aka FHA High Balance, VA High Balance, and Conforming High Balance).

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Filed under California VA Lender, VA IRRRL Streamline, VA Jumbo IRRRL Streamline, VA Jumbo Lender, VA Jumbo Loans, VA Jumbo Purchase, VA Loans, VA Loans over $1m, VA Purchase Loan

VA Loan Limits increased for Remainder of 2012 – up to $1m in California

VA Loan Limits increased for Remainder of 2012 – up to $1m in California

Click here for 2015 California VA Loan Limits

Congress and the President have worked together to authorize the Veterans Administration to increase the 2012 VA Loan Limits for California for the remainder of 2012. The formula for generating the VA Loan Limits was altered by Congress in 2008, and has now been reinstated beginning August 6, 2012.

The VA Jumbo Loan allows Veterans and Active Duty Military Personnel to purchase homes in higher cost areas of California and Washington at loan amounts more inline with local housing costs. Many Vet’s can purchase up to $1m with zero money down.

Some examples of the new VA Loan Limits in California are: Veterans in Los Angeles, Orange County, Ventura, Brea, Pasadena, Irvine, Costa Mesa, Huntington Beach, and Long Beach may qualify for a 100% VA Jumbo loan up to $675,000. San Diego County cities including San Diego, Oceanside, Chula Vista, El Cajon, Encinitas, Carlsbad, San Marcos, Escondido, Rancho Bernardo, la Mesa and National City a Vet can borrow up to $518,750 with no money down when buying a house. San Jose vets can go up to $831,250 with no money down VA Purchase Loan. Bay Area Vets buying a home in San Francisco, Alameda, Oakland, Fremont, Contra Costa, Marin, San Mateo, Daly City, etc can qualify up to $1,000,000 for a 100% VA Loan as well. We also offer VA Loans that exceed these limits with the appropriate amount of Down payment on purchases, or equity on Refinances.

VanDyk Mortgage is a proud VA Lender serving many states including California, Washington, and more.

We have compiled the California VA Loan limits for 2012 by county below.

State County 2012 VA Loan Limit

CA ALAMEDA $1,000,000

CA ALPINE $417,000

CA AMADOR $417,000

CA BUTTE $417,000

CA CALAVERAS $417,000

CA COLUSA $417,000

CA CONTRA COSTA $1,000,000

CA DEL NORTE $417,000

CA EL DORADO $417,000

CA FRESNO $417,000

CA GLENN $417,000

CA HUMBOLDT $417,000

CA IMPERIAL $417,000

CA INYO $417,000

CA KERN $417,000

CA KINGS $417,000

CA LAKE $417,000

CA LASSEN $417,000

CA LOS ANGELES $675,000

CA MADERA $417,000

CA MARIN $1,000,000

CA MARIPOSA $417,000

CA MENDOCINO $417,000

CA MERCED $417,000

CA MODOC $417,000

CA MONO $417,000

CA MONTEREY $436,250

CA NAPA $500,000

CA NEVADA $417,000

CA ORANGE $675,000

CA PLACER $417,000

CA PLUMAS $417,000

CA RIVERSIDE $417,000

CA SACRAMENTO $417,000

CA SAN BENITO $831,250

CA SAN BERNARDINO $417,000

CA SAN DIEGO $518,750

CA SAN FRANCISCO $1,000,000

CA SAN JOAQUIN $417,000

CA SAN LUIS OBISPO $497,500

CA SAN MATEO $1,000,000

CA SANTA BARBARA $650,000

CA SANTA CLARA $831,250

CA SANTA CRUZ $663,750

CA SHASTA $417,000

CA SIERRA $417,000

CA SISKIYOU $417,000

CA SOLANO $417,000

CA SONOMA $456,250

CA STANISLAUS $417,000

CA SUTTER $417,000

CA TEHAMA $417,000

CA TRINITY $417,000

CA TULARE $417,000

CA TUOLUMNE $417,000

CA VENTURA $563,750

CA YOLO $417,000

CA YUBA $417,000

If you need a VA loan for a higher amount than your county loan limit, please call us. We do offer VA loans over the county loan limits for Purchase, Refinance, and VA IRRRL Streamline Refinance (aka VA Streamline). Call Brian Skaar at 760-752-4480 to get started.

 

VanDyk Mortgage also offers FHA, VA, & Conventional loans in addition to FHA Jumbo, VA Jumbo, and Conforming Jumbo loans (aka FHA High Balance, VA High Balance, and Conforming High Balance).

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Filed under California VA Lender, VA IRRRL Streamline, VA Jumbo IRRRL Streamline, VA Jumbo Loans, VA Loans

Mono County VA and VA Jumbo Loan info

Mono County VA and VA Jumbo Loan info – Direct Lender – VA Purchase, VA Refinance, and VA IRRRL Streamline Refinance

VanDyk Mortgage is your source for VA Loans and VA Jumbo Loans in Mono County, CA.   We have been helping Veterans with VA loans since 1987.   VanDyk Mortgage is a Direct Lender offering VA and VA Jumbo Loans.   We offer many VA loan programs for Mono County Homebuyers and California Veteran Homeowners to Purchase and Refinance their homes, as well as Streamline Refinance using the VA IRRRL Program.

  • VA Loans   (Purchase and Refinance)
  • VA Jumbo Loans  (Purchase and Refinance)
  • VA Loans for Condo’s   (Purchase and Refinance)
  • VA Streamline Refinance (IRRRL)
  • VA Jumbo Streamline Refinance (IRRRL)

Mono County VA Loans are available up to $529,000 with Zero down payment required.  The Mono County VA Loan Limit for 2015 is $529,000.   We do not limit Veterans to the County VA Loan limit of $529,000 for Mono County VA Jumbo Loans.   We also offer VA Jumbo Loans up to $1.5 Million with the appropriate down payment or equity to reach the VA Guarantee requirements of 25%.   Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.

Even if your current VA Loan exceeds the VA County limit, we can help you utilize the VA IRRRL Streamline Refinance, we offer VA IRRRL Streamlines even when loan amount exceeds your VA County Loan Limit.

VA Home Loans in Mono County, California:

  • Active Duty Military and Veterans can both qualify
  • 100% financing up to $529,000
  • A $550,000 Mono County VA Home Purchase would only require  a $5,250 down payment  (.955%) – not including the VA Funding Fee
  • A $625,000  Mono  VA Home Purchase would only require $24k down payment  (3.84%) – not including the VA Funding Fee
  • A $750,000 Mono VA Home or Condominium Purchase would require a $55,250 (7.367%) not including the VA Funding Fee
  • VA Loans require no Mortgage Insurance
  • VA Loans do require a VAFF (VA Funding Fee), which is usually financed
  • Veterans with a 10% or higher VA disability pay no VA Funding fee
  • Sellers can pay up to 4% of the VA Buyers closing costs
  • VA Approved Condo’s can utilize VA Loans too
  • Your VA Benefit can be used more than once

VA Loans can be used to purchase multi family 2-4 unit homes (2-unit, 3-unit, 4-unit, Duplex, Triplex, Fourplex).  (Refinance also)

We offer VA financing on VA Approved Condo’s. Here is a link to the new Veterans Administration VA Approved Condo Search Engine.   Please call us if you have questions or need help with your VA Approved Condo search, we are here to help.   We can also assist in getting your VA Condo Approved with the VA.

VanDyk Mortgage has been helping Veterans with VA loans since 1987.   We are a HUD recognized Full Eagle FHA DE underwriter and FHA Direct Lender also.   We are a VA Lender and VA Jumbo Lender.  We offer VA Loans, VA Jumbo Loans, VA Condo Loans, VA Refinance Loans, VA Jumbo Refinance Loans, VA IRRRL Streamline Loans and VA Jumbo IRRRL Streamline Loans.

Go with the Government Loan Pros, go with VanDyk.   Call Brian Skaar at 760-752-4480 for help with your VA loan financing.

We service the following cities in Mono county:  Mammoth Lakes, and all areas within the county as well.

>>>  Get started here on your VA Loan PreApproval or give us a call at 866-900-2342  (toll free direct)

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Filed under California VA Lender, VA Jumbo Loans, VA Jumbo Purchase, VA Loans, VA Purchase Loan