Often asked question:
Q: Can I borrow more than the allowable VA loan limit?
A: Yes, theoretically speaking, the Department of Veterans Affairs (DVA) does not put a ceiling (no pun) on the amount of money you can borrow to purchase a home in California. However, they do limit the amount of liability the DVA will assume, and this can impact the amount of money you are able to borrow from a mortgage lender without the requirement of a down payment.
So, if you intend to use a VA loan to purchase a house, and you want to obtain 100% financing to avoid making a down payment, is advisable that you stay within the 2019 California VA loan limits indicated in the table above.