Loan Limits

 VA - All Counties

  • Up to *$2M loan amounts (above $2M by exception); As of 2020, with full entitlement, VA does not have a loan limit.
  • Up to 100% financing with full VA entitlement
  • Owner-occupied only
  • Must be a VA eligible borrower
  • *Subject to full entitlement. Greater than $1.2 million, additional restrictions apply.

 Jumbo - All Counties

  • Minimum 15% down payment for up to $3M loan amounts; fixed-rate and ARM* programs
  • Loan-to-value, FICO credit score, and debt-to-income ratio limitations apply based on requirements and/or exceptions of the specific loan program

 FHA - All Counties

  • 3.5% minimum down payment – 580 FICO credit score required with AUS approval and max DTI of 50% with 580-619 FICO
  • Co-borrowers and co-signers allowed
  • Ask about down payment assistance

 Conventional - All Counties

  • Higher loan limits allowed for properties with 2–4 units
  • Co-borrowers and co-signers allowed
  • Ask about our low down payment options and down payment assistance programs

 Santa Barbara County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $783,150 $1,002,600 $1,211,900 $1,506,100
FHA $783,150 $1,002,600 $1,211,900 $1,506,100

 San Luis Obispo County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $805,000 $1,030,550 $1,245,700 $1,548,100
FHA $805,000 $1,030,550 $1,245,700 $1,548,100

 Ventura County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $851,000 $1,089,450 $1,316,900 $1,636,550
FHA $851,000 $1,089,450 $1,316,900 $1,636,550

 Los Angeles County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $970,800 $1,243,050 $1,502,475 $1,867,275
FHA $970,800 $1,243,050 $1,502,475 $1,867,275

Not a commitment to lend. Borrower must meet qualification criteria. *ARM = Adjustable-rate mortgage.