VA Loan Limits for 2023 – VA loans now available up to $2m with no money down in California
The Veterans Administration has announced the VA Loan Limits for California for 2023. The new California VA Loan Limits for 2023 have increased in nearly all areas. The real good news is that the Blue Water Navy Veterans act removed the maximum VA Loan Limit for Veterans with full entitlement available. We now offer zero down VA Loans up to $2m for qualified Veterans.
The VA Jumbo Loan (aka VA High Balance 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 $2M with zero money down in Bay Area counties such as San Francisco, Marin, San Mateo, Alameda and Contra Costa as well as Los Angeles and Orange county.
Some examples of the new VA Loan Limits in California are: Veterans in Los Angeles, Orange County, Brea, Pasadena, Irvine, Costa Mesa, Huntington Beach, and Long Beach may qualify for a 100% VA Jumbo loan up to $2m. San Diego County cities including San Diego, Oceanside, Chula Vista, El Cajon, Encinitas, Carlsbad, San Marcos, Escondido, Rancho Bernardo, and La Mesa a Vet can borrow up up to $2m with no money down when buying a house. San Jose Vets can go up to $2m 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 $2m for a 100% VA Jumbo Loan as well. This applies to Veterans with full entitlement available. If you have partial entitlement, your maximum zero down VA loan will be reduced from the VA County Loan limit by the amount of your charged entitlement. Please give us a call so we can help determine if your entitlement can be restored to full, giving you the most benefit for your next VA Loan.
We also offer VA Loans that exceed VA County Loan Limits for Veterans with partial entitlement available with the appropriate amount of Down payment on purchases, or equity on Refinances, with a max VA Jumbo Loan amount of $2.0M.
VanDyk Mortgage is a proud VA Lender serving many states including California, Georgia, Illinois, Massachusetts, Virginia, Washington, and more.
Reminder – No maximum VA Loan Limit for Veterans with full entitlement available. Of course you have to show adequate income to make the payments, but the ceiling is individual now.
We have compiled the California VA Loan limits for 2023 by county below.
State County 2023 VA Loan Limit
CA ALAMEDA $1,089,300
CA ALPINE $726,200
CA AMADOR $726,200
CA BUTTE $726,200
CA CALAVERAS $726,200
CA COLUSA $726,200
CA CONTRA COSTA $1,089,300
CA DEL NORTE $726,200
CA EL DORADO $763,600
CA FRESNO $726,200
CA GLENN $726,200
CA HUMBOLDT $726,200
CA IMPERIAL $726,200
CA INYO $726,200
CA KERN $726,200
CA KINGS $726,200
CA LAKE $726,200
CA LASSEN $726,200
CA LOS ANGELES $1,089,300
CA MADERA $726,200
CA MARIN $1,089,300
CA MARIPOSA $726,200
CA MENDOCINO $726,200
CA MERCED $726,200
CA MODOC $726,200
CA MONO $726,200
CA MONTEREY $915,400
CA NAPA $1,017,750
CA NEVADA $726,200
CA ORANGE $1,089,300
CA PLACER $763,600
CA PLUMAS $726,200
CA RIVERSIDE $726,200
CA SACRAMENTO $763,600
CA SAN BENITO $1,089,300
CA SAN BERNARDINO $726,200
CA SAN DIEGO $977,500
CA SAN FRANCISCO $1,089,300
CA SAN JOAQUIN $726,200
CA SAN LUIS OBISPO $911,950
CA SAN MATEO $1,089,300
CA SANTA BARBARA $805,000
CA SANTA CLARA $1,089,300
CA SANTA CRUZ $1,089,300
CA SHASTA $726,200
CA SIERRA $726,200
CA SISKIYOU $726,200
CA SOLANO $726,200
CA SONOMA $861,350
CA STANISLAUS $726,200
CA SUTTER $726,200
CA TEHAMA $726,200
CA TRINITY $726,200
CA TULARE $726,200
CA TUOLUMNE $726,200
CA VENTURA $948,750
CA YOLO $763,600
CA YUBA $726,200
Many Vets would like to purchase or refinance a home that exceeds their net eligibility from charged entitlement and the respective County VA Loan Limit. If you need a VA loan for a higher amount than your county loan limit net calculation, please call us. We offer VA loans over the county loan limit net calculation for Purchase, Refinance, and VA IRRRL Streamline Refinance (aka VA Streamline), up to $2.0M nationwide with appropriate down payment or home equity to meet the VA guarantee requirement. Call or text 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).
>>> Get started here on your VA Loan online, or give us a call at 866-900-2342 (toll free direct) or Call/Text Brian direct at 760-752-4480