San Francisco County VA loan limits 2026: full vs. partial entitlement.
Short answer: with full VA entitlement there is no VA loan limit in San Francisco County, subject to lender approval, ability to repay, and the appraised value or purchase price. If part of your entitlement is still tied up in another VA loan, the 2026 FHFA conforming limit of $1,249,125 is used to calculate how much you can borrow with no down payment.
Source: FHFA Full County Loan Limit List for 2026 (HERA-based, final). One-unit limit; applies to mortgages acquired in calendar year 2026. Source checked 2026-09-16. FIPS 06075 · one-unit · calendar year 2026 · FHFA county list checked 2026-09-16
At the top FHFA conforming tier.
Full entitlement
A borrower with full VA entitlement has no VA loan limit, subject to lender approval, ability to repay, and the appraised value or purchase price. In San Francisco County, that means a primary-residence purchase may be possible without a down payment above $1,249,125 if the property meets VA appraisal standards and the lender approves the loan.
Partial (remaining) entitlement
If you have an active VA loan or entitlement that has not been restored, the county's one-unit FHFA conforming limit is used to help calculate your remaining entitlement. Above the zero-down amount supported by your remaining entitlement, a down payment may be required. Lender approval, ability to repay, and the appraised value still apply.
Hypothetical partial-entitlement example
Illustration only, using the formula VA describes on its loan limits page. The county limit below is the actual 2026 FHFA figure for this county. The $100,000 of entitlement in use and the purchase price are hypothetical, and the example assumes the appraised value is at least the purchase price. Your figures come from your COE and lender.
- 25% of the actual San Francisco County 2026 limit: 25% × $1,249,125 = $312,281
- Minus a hypothetical amount of entitlement still in use on a prior VA loan: $100,000 → $212,281 remaining
- Times 4 = about $849,125 that could be borrowed with no down payment
- For a hypothetical $999,125 purchase (appraised at or above that price), the down payment would be 25% of the $150,000 difference = $37,500
This leaves out the funding fee, closing costs, and any lender overlays. Confirm your remaining entitlement with your lender and VA before relying on any figure. VA: loan limits and entitlement · Entitlement restoration guide