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VA jumbo

VA jumbo loan limits in California and Hawaii 2026 — no-down-payment ceiling

California and Hawaii have the highest VA loan limits in the country. For Veterans with full entitlement, those limits don't apply — but for partial entitlement, county limit is everything.

Full vs partial entitlement — the distinction matters

Veterans who've never used VA, or who've sold every prior VA-financed property with entitlement restored, have FULL entitlement. They face no VA loan limit. Theoretically a $5M zero-down VA loan is allowed (lender overlays usually cap at $1M-$2M, but VA's rule allows it).

Veterans with PARTIAL entitlement have a prior VA loan still outstanding or otherwise unrestored entitlement. Their no-down-payment loan size is capped at the destination county's loan limit. Above that, they need to put down 25% of the overage.

2026 California high-cost county limits

County2026 one-unit limit
Los Angeles, Orange, San Francisco, San Mateo, Marin, Santa Clara, Alameda, Contra Costa, Santa Cruz, San Benito$1,249,125 (FHFA ceiling)
San Diego$1,104,000
Ventura$1,035,000
Napa$1,017,750
San Luis Obispo$1,000,500
Monterey$994,750
Santa Barbara$941,850
Sonoma$897,000
All other CA counties$832,750 (baseline)

2026 Hawaii county limits

Hawaii is a special statutory area (like Alaska), so its 2026 one-unit baseline is $1,249,125 — 150% of the mainland baseline. Honolulu County runs higher at $1,299,500 per Fannie Mae's 2026 loan-limit data. Confirm your county's current value before writing an offer.

County2026 one-unit limit
Honolulu (Oahu)$1,299,500
Hawaii (Big Island)$1,249,125
Kauai$1,249,125
Maui$1,249,125

Partial entitlement math example

Veteran with $112K of prior entitlement used (on a paid-off but not restored Texas home). Buying in San Diego at $1.5M. County limit = $1,104,000. Remaining guarantee = (25% × $1,104,000) − $112,000 = $164,000 — good for roughly $656,000 of zero-down buying power. On the $1.5M purchase, the lender needs 25% coverage: 25% × $1,500,000 = $375,000, minus the $164,000 guarantee = $211,000 down. (Restoring the Texas entitlement first would make this a $0-down purchase — often worth doing.)

Common questions

How do I confirm my entitlement is full vs partial?

Request a Certificate of Eligibility (COE) from VA. Shows your entitlement amount and any restrictions. Available through ebenefits.va.gov or your lender.

Can I do a VA jumbo on a high-cost county property as primary residence?

Yes — owner-occupied is the only requirement. Vacation or investment doesn't fit.

What's the rate spread on VA jumbo vs VA conforming?

There's no fixed spread over conforming — VA jumbo pricing varies by lender, loan size, and scenario. We price both paths on your numbers.

Does the disability rating exemption help with VA jumbo?

Yes — the funding fee waiver applies regardless of loan size. On a $1.5M jumbo, that's $32K+ saved at close.

How Mike + Cornerstone help

I'm Arizona-based but I write VA jumbos in California and Hawaii regularly for AZ Veterans relocating or buying second properties they'll occupy. We'll figure out your entitlement status first, then map the no-down-payment ceiling against your target market.

Talk to Mike first Get pre-approved

No pressure, no commitment. Free 20-minute consult. Mike will look at your scenario and tell you straight whether this works for you.