VA Loan Benefit for California Veterans and CA Active Duty Military

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Mortgage and Lending with VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender NMLS 220268 / 3035

VA Loan Benefit for California Veterans and CA Active Duty Military

California Veterans and CA Active Duty Military Personnel have access to higher VA guarantee limits than many other states.  The higher VA Guarantee allows California Vets the opportunity to purchase a home with zero downpayment up to $962,500 in select Bay Area Counties such as San Francisco, San Mateo, Contra Costa, Marin, and Alameda.   Los Angeles VA Loans are available up to $593,750 with no down payment.    2011 VA Loan updates here

We are also able to exceed the VA County VA Loan limit with downpayment of 25% of the difference between your purchase price and the VA loan limit for your area.   VanDyk Mortgage is a proud VA Lender serving many states including California and Washington, and more.   We are a VA Direct Lender.  

In 2008, the US Congress authorized increases in the VA Loan Benefit by increasing the Entitlement available to Vets in higher cost areas.   This allows us to write VA Loans that are guaranteed by the VA up to the full county loan limit with no downpayment for qualified Veterans. 

We have compiled the California VA Loan limits for 2010 by county below.   Here is a link to our complete list of all nationwide 2010 VA Loan Limits.  

STATE COUNTY 2010 VA LIMIT 

CA ALAMEDA $962,500 

CA CONTRA COSTA $962,500

CA EL DORADO $418,750

CA LOS ANGELES $593,750

CA MARIN $962,500

CA MONO $512,500

CA NAPA $443,750

CA NEVADA $418,750

CA ORANGE $593,750

CA PLACER $418,750

CA SACRAMENTO $418,750

CA SAN BENITO $633,750

CA SAN DIEGO $437,500

CA SAN FRANCISCO $962,500

CA SAN LUIS OBISPO $487,500

CA SAN MATEO $962,500

CA SANTA CLARA $633,750

CA SANTA CRUZ $568,750

CA VENTURA $486,250

CA YOLO $418,750

 Any county not listed is at $417,000 for the VA loan limit.  

VA loans can be used to purchase condominiums up to your full benefit as well.

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 VA IRRRL Streamline Refinance (aka VA Streamline), Refinance and Purchase up to $1.5M.   Call Brian Skaar at 760-752-4480 to get started.

 

 

Licensing Disclosures    Privacy Policy  Product Disclaimers/Disclosures

California Residential Mortgage Lender registered by the Department of Corporations

VanDyk Mortgage is a private company specializing in FHA & VA financing,  VanDyk Mortgage Corp is not a government agency. 799 Avenida Codorniz, San Marcos, CA 92069  760-752-4480

NMLS ID:  3035 - VanDyk Mortgage Corp   NMLS ID  220268   Brian Skaar - Loan Originator

NMLS Consumer Access Site

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Brian Skaar

VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
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