Question 1

What's the VA loan limit for Belmont in 2026?

Accepted Answer

San Mateo County is a high-cost area with elevated limits. Veterans with full entitlement can borrow above the standard limit without a down payment, but lender approval requirements tighten.

Question 2

Can I use a VA loan for a Belmont condo?

Accepted Answer

Yes, if the complex is VA-approved. Many Belmont condos aren't on the approved list, which requires the HOA to complete VA certification before you can close.

Question 3

Do sellers in Belmont accept VA offers?

Accepted Answer

Some resist due to appraisal requirements. A strong pre-approval and proof of funds for closing costs improve your odds significantly in competitive situations.

Question 4

Can I buy a fixer-upper with a VA loan?

Accepted Answer

Only if it meets minimum property requirements at purchase. Major repairs must be completed before closing, though VA renovation loans exist for bigger projects.

Question 5

What if the home price exceeds the VA loan limit?

Accepted Answer

You'll need a down payment to cover the difference, or use a jumbo VA loan if your lender offers them. Rates stay competitive even above standard limits.

VA Loans in Belmont: Zero Down in San Mateo County's Peninsula Market