2021 Loan Limits

 VA - All Counties

  • Up to $2M loan amounts (above $2M by exception); VA has removed its county loan limits
  • Up to 100% financing with full VA entitlement
  • Owner-occupied only
  • Must be a VA eligible borrower

 Jumbo - All Counties

  • Minimum 20% down payment for up to $2M 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 – 600 FICO credit score required with AUS approval and max DTI of 50%
  • 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 $548,250 $702,000 $848,500 $1,054,500
Conventional High Balance $660,100 $845,050 $1,021,450 $1,269,450
FHA $660,100 $845,050 $1,021,450 $1,269,450

 San Luis Obispo County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $548,250 $702,000 $848,500 $1,054,500
Conventional High Balance $701,500 $898,050 $1,085,550 $1,349,050
FHA $701,500 $898,050 $1,085,550 $1,349,050

 Ventura County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $548,250 $702,000 $848,500 $1,054,500
Conventional High Balance $739,450 $946,650 $1,144,250 $1,422,050
FHA $739,450 $946,650 $1,144,250 $1,422,050

 Los Angeles County

Loan Type 1 Unit 2 Units 3 Units 4 Units
Conventional Conforming $548,250 $702,000 $848,500 $1,054,500
Conventional High Balance $822,375 $1,053,000 $1,272,750 $1,581,750
FHA $822,375 $1,053,000 $1,272,750 $1,581,750

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