2023 Loan Limits
VA - All Counties
- Up to *$2M loan amounts (above $2M by exception)
- 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 | $805,000 | $1,030,550 | $1,245,700 | $1,548,100 |
| FHA | $805,000 | $1,030,550 | $1,245,700 | $1,548,100 |
San Luis Obispo County
| Loan Type | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| Conventional Conforming | $911,950 | $1,167,450 | $1,411,200 | $1,753,800 |
| FHA | $911,950 | $1,167,450 | $1,411,200 | $1,753,800 |
Ventura County
| Loan Type | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| Conventional Conforming | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
| FHA | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
Los Angeles County
| Loan Type | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| Conventional Conforming | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |
| FHA | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |
Not a commitment to lend. Borrower must meet qualification criteria. *ARM = Adjustable-rate mortgage.