VA Jumbo Loans (aka VA High Balance Loans)

The Standard VA Loan limit accross the nation is $484,350.   Congress has authorized the VA to establish higher VA loan limits in certain high cost counties, creating VA Jumbo Loans (aka VA High Balance Loans).

More importantly, the VA Guarantee available for Vets is higher in those high cost counties as well.  For example, in Oakland, San Francisco, Los Angeles, Long Beach, Anaheim, and Fremont (and much of the Bay Area and LA area), the 2019 County VA Loan Limit is $726,525.    A qualified Veteran can purchase a home up to $726,525 with zero down in these parts of the greater San Francisco Bay Area.  

VanDyk Mortgage also allows you to exceed your County VA County Loan Limit when buying a home by contributing a down payment equal to 25% of the amount over your County Loan limit.  For example, in Los Angeles, where the VA Loan Limit is $726,525, if you bought a home for $850,000, your down payment requirement would be $30,869,  a 3.632% down payment.  This is unheard of with other loan programs.  

VanDyk Mortgage requires just a 580 fico on all our VA and VA Jumbo Loans up to $1.5M loan amounts. 

Check out your County VA Loan Limits here:

California County VA Loan Limits

Washington State County VA Loan Limits

VA Jumbo Loans do require higher credit scores, liquid asset reserves, and a clean recent credit record.

Here is some info on VA Loans in California and VA Loans in Washington.

Get Started Here Online for your VA Loan Approval  or Call us Direct at 866-900-2342 toll free

Contact a Loan Pro here:

Enter your information below to get in contact and start your Loan Application, or to help answer any questions you may have. We are also available via phone at 866-900-2342 toll free.

The Basics - Contact us here