VA released updated California VA Loan Limits for 2018. The limits shown below are for “high cost” counties within California. Any county not listed will have the standard VA limit of $453,100. Orange county and Los Angeles countys continue to be at the maximum VA limit for $0 down financing of $679,650. It is important to understand that these limits are for $0 down (100%) financing. Some VA lenders will fund VA loans up to $2,000,000 or higher with some down payment. These are known as Jumbo VA loans.
2018 VA Loan Limits of California
|California County||Loan Limit|
|San Luis Obispo||$615,250|
*** Any California county not listed above has the standard 100% financing limit of $453,100. But remember, you can go above that limit with a down payment equal to 25% of the difference between the county limit and purchase price. For example, a home purchased for $553,100 in a county with the standard $453,100 limit, would have a down payment of $25,000 and VA loan of $528,100.