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2010 VA Home Loan Limits Reduced in San Diego County

Monday, January 29, 2018   /   by Sean Zanganeh

2010 VA Home Loan Limits Reduced in San Diego County

2010 VA Home Loan Limits Reduced in San Diego County
The Veterans Administration announced that the zero-down loan limits, for VA-guaranteed mortgages, will be reduced to $437,500, in San Diego County. The high-balance, VA jumbo mortgage program started in 2008 and allowed for zero down loans up to $697,000. As priced declined, that number was reduced to $593,750 for 2009.
Median prices across Southern California stabilized in 2009 in response to the high balance loan program, foreclosure stays, and home buyer tax credits. San Diego County's median price rose from $323,000, in October, 2008 to $325,000, in October, 2009. It is anticipated that the 2010 VA loan limit should facilitate approximately 75% of the sales prices for 2010.
2010 VA loan limits in Southern California:
San Diego $437,500
Los Angeles $593,750
Orange $593,750
Riverside $417,000
San Bernardino $417,000
Imperial $417,000

Sean Zanganeh

Windermere Exlcusive Properties

www.seanzanganeh.com

office: 858.521.7281

mobile: 858.229.6063
My San Diego Dream Home
Sean Zanganeh
12780 High Bluff Dr
San Diego, CA 92130
858-345-9040
CA DRE# #01851910

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