VA 2012 County Loan Limits
2012 loan limits:
The procedure for calculating loan limits for 2012 has changed from 2011. VA’s previous procedure expires December 31, 2011. If Congress passes legislation permitting VA to calculate maximum guaranty as it has in the past, the numbers below could increase slightly; they will NOT decrease.
VA does not impose a maximum amount that an eligible veteran may borrow using a VA-guaranteed
loan; however loan limits establish the maximum possible guaranty on a loan. The maximum guaranty amount (available for loans over $144,000) is 25 percent of the 2012 VA Limit shown below. A veteran with full entitlement available may borrow up to the limit shown below and VA will guarantee 25 percent of the loan amount. If a veteran has previously used entitlement that has not been restored, the maximum guaranty amount available to that veteran is reduced accordingly. Below are the loan amounts per county.
- LOS ANGELES $621,000
- ORANGE $621,000
- SAN DIEGO $477,000
- SANTA BARBARA $598,000
- VENTURA $518,650
Have questions aboutVA Loans? Contact Scott Groves.
Scott Groves
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