California has updated mortgage loan limits which increase for FHA and VA loans.  The FHA has published the 2017 Mortgage Limits. The new single-family low cost areas is $275,665 and the new maximum loan amount in high cost areas is $636,150*. The new FHA limits apply to case numbers assigned on or after January 1st, 2017

Here are some guideline loan limits for FHA in the areas:

Low Cost Area One-unit: $275,665  Two-unit: $352,950  Three-unit: $426,625  Four-unit: $530,150

High Cost Area One-unit: $636,150  Two-unit: $814,500  Three-unit: $984,525  Four-unit: $1,223,475


The Standard VA limit  has also increased and the new maximum amount that VA may guarantee on a home loan limit is $636,150.  The county loan limits do NOT apply to IRRRLs. VA will guarantee 25 percent of the loan amount on an IRRRL, regardless of whether the loan exceeds the limit for the particular county.

Call us for more details.  714-530-3331 



By Ivy Dinh

Experienced loan officer * Government loans: FHA and VA * Conventional loans * HARP 2 Refinance * Investment loans With many years of experience in the mortgage industry, I have broad knowledge of all current mortgage products and criterias that lenders looking for in each loan scenario. I love to apply my unique set of skills and knowledge to each file to make it becomes a successful transaction. Whether you are a borrower or a real estate professional who are looking for a mortgage, do not hesitate to contact me to learn about best loan products that fit your situation.