VA Loan Limits for 2012 – California

VA Announces 2012 VA Loan Limits for California

Click here for 2015 California VA Loan Limits

The VA has announced 2012 VA Loan Limits that become effective Jan 1, 2012 and last until Dec 31, 2012.   The VA Loan Limits in 2012 are capped at $625,500 due to changes in the formula the Veterans Administration is required to use.

Loan Limits in California counties such as Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara are now at $625,500.    Los Angeles and Orange Counties are now at $621,000.   Santa Barbara county is at $598,000, and San Diego has a $477,000 VA Loan limit for 2012.

Several Washington State counties allow higher VA Loan limits for 2012 including King, Pierce and Snohomish counties at $458,850 and San Juan county at $432,400.

Please see the entire list of CA and WA VA Loan Limits below,  any counties not listed have a $417K VA Loan Limit for 2012.
VA Loans are available for higher loan amounts than the County VA Loan Limit.   The County VA Loan Limit is the full amount for 100% VA Financing.   We allow you to exceed the county limits as long as there is sufficient equity or down payment to reach the VA Guarantee requirements.   More info on Exceeding the VA Loan Limit can be found here.

STATE COUNTY 2012 VA LIMIT

 

CA ALAMEDA $625,500
CA CONTRA COSTA $625,500
CA LOS ANGELES $621,000
CA MARIN $625,500
CA NAPA $460,000
CA ORANGE $621,000
CA SAN BENITO $625,500
CA SAN DIEGO $477,000
CA SAN FRANCISCO $625,500
CA SAN LUIS OBISPO $457,700
CA SAN MATEO $625,500
CA SANTA BARBARA $598,000
CA SANTA CLARA $625,500
CA SANTA CRUZ $610,650
CA SONOMA $419,750
CA VENTURA $518,650

Please contact the VA Loan Pro’s at VanDyk Mortgage today for help with your next VA Loan – Purchase, Refinance, or VA Streamline.   We are proud to help our Veterans.

 866-900-2342 Toll Free or visit us online at www.westcoastvaloans.com

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

 

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