• State of California Home Loan Programs


    The following guide will help you to determine the minimum down and the corresponding loan programs available for your loan scenario.  

    • Minimum down
    • Maximum loan amount
    • Loan Program

    Minimum Down Maximum Loan Loan Program Occupancy
    0% up to $453,100* VA loan Primary Residence
    Loan amounts** up to $1,000,000 VA loan Primary Residence
    0% up to $453,100* USDA loan Primary Residence
    3% up to $453,100* Home Possible® Primary Residence
    3% up to $453,100* HomeReady Primary Residence
    3.50% up to $679,650*** FHA loan Primary Residence
    5% up to $453,100* Conventional Primary Residence
    5% up to $2,500,000 Portfolio No MI Primary Residence
    20% up to $2,000,000 Portfolio Jumbo Primary Residence
    25% up to $2,500,000 Portfolio Jumbo Primary Residence
    30% up to $3,000,000 Portfolio Jumbo Primary Residence
    40% up to $4,000,000 Portfolio Jumbo Primary Residence
    10% up to $453,100* Conventional Second Home
    20% up to $1,000,000 Portfolio Jumbo Second Home
    25% up to $1,500,000 Portfolio Jumbo Second Home
    30% up to $2,000,000 Portfolio Jumbo Second Home
    40% up to $4,000,000 Portfolio Jumbo Second Home
    20% up to $453,100* Conventional Investor
    25% up to $1,000,000 Portfolio Jumbo Investor
    30% up to $1,500,000 Portfolio Jumbo Investor
    35% up to $2,000,000 Portfolio Jumbo Investor

     Loan amounts up to $20,000,000 are available on a case-by-case basis.

    *$453,100 is the max conforming loan amount for the State of California. See below for a sample list of Southern California County loan limits. If your county is not included below, see the complete list of maximum conforming loan limits by county.


    **VA Jumbo - The minimum down for a VA Jumbo is 25% of any amount over $453,100*.

    ***$679,650 is the max loan amount for FHA loans in Orange County. Please click here for a complete list of lending limits for FHA loans in all California counties.

    Loan Programs, Terms, Loan Limits

    Portfolio Jumbo Loans
    $453,101 and up

    Agency Loans
    Fannie Mae, Freddie Mac, FHA, VA, & USDA

    Government Loans
    FHA, VA, USDA

    Portfolio Loans
    Non-agency and non-government

    Government Loan Terms
    VA and FHA
    30yr fixed
    5/1 ARM

    USDA
    30yr fixed

    Conventional Loan Terms
    30yr fixed
    15yr fixed
    10yr ARM
    7yr ARM
    5yr ARM
    3yr ARM

    Portfolio Loan Terms
    30yr fixed
    15yr fixed
    10yr ARM
    7yr ARM
    5yr ARM
    3yr ARM
    1yr ARM

    State of California Loan Limits

    1 unit 2 unit 3 unit 4 unit
    $453,100 $580,150 $701,250 $871,450


    *Southern California County Loan Limits - Agency Jumbo

    Orange County
    1 unit 2 unit 3 unit 4 unit
    $679,650 $870,225 $1,051,875 $1,307,175
     
    Los Angeles County
    1 unit 2 unit 3 unit 4 unit
    $679,650 $870,225 $1,051,872 $1,307,175
     
    San Diego County
    1 unit 2 unit 3 unit 4 unit
    $649,750 $831,800 $1,005,450 $1,249,550
     
    Riverside County
    1 unit 2 unit 3 unit 4 unit
    $453,100 $580,150 $701,250 $871,450