Table of Contents
- What is the VA Loan Limit?
- How to Apply for a VA Home Loan?
- What is the Median Home Price?
- What are the VA Appraisal Fees?
- Do I need Flood Insurance?
- How do I learn about Property Taxes?
- What is the Population?
- What are the major cities?
- About San Luis Obispo County
- Veteran Information
- Apply for a VA Home Loan
- VA Approved Condos
FAQ
What is the VA Loan Limit?
2021 VA Home Loan Limit: $0 down up to $5,000,000* (Subject to lender limits) /2 open VA loans at one time $701,500* (Call 888-573-4496 for details).
How to Apply for a VA Home Loan?
This is a quick look at how to apply for a VA home loan in San Luis Obispo County. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA mortgage loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in San Luis Obispo County. If you have any questions, you can call us at VA HLC and we’ll help you get started.
- Get your Certificate of Eligibility (COE)
- Give us a call at (877) 432-5626 and we’ll get your COE for you.
- Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
- Get pre-approved, to get pre-approved for a loan, you’ll need:
- Previous two years of W2s
- Most recent 30 days paystubs or LES (active duty)
- Most recent 60 days bank statements
- Landlord and HR/Payroll Department contact info
- Find a home
- We can help you check whether the home is in one of the San Luis Obispo County flood zones
- Get the necessary inspections
- Termite inspection: required
- Well or septic inspections needed, if applicable
- Get the home appraised
- We can help you find a VA-Certified appraiser in San Luis Obispo County and schedule the process
- Construction loan note: Construction permit/appraisal info
- Building permit
- Elevation certificate
- Lock in your interest rates
- Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
- Close the deal and get packing!
- You’re ready to go.
What is the Median Home Price?
As of March 31st, 2021, the median home value for San Luis Obispo County is $701,706. In addition, the median household income for residents of the county is $73,518 which is much higher than the national average.
How much are the VA Appraisal Fees?
- Single-Family: $600.
- Individual Condo: $600.
- Manufactured Homes: $600.
- 2-4 Unit Multi-Family: $850.
- Appraisal Turnaround Times: 7 days.
Do I need Flood Insurance?
- The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
- In San Luis Obispo County, the county is at times affected by floods due to the Pacific Ocean which is situated just near it and due to some of the other water bodies around it.
How do I learn about Property Taxes?
- Tom J. Bordonaro is the San Luis Obispo county tax assessor. His office can be reached at 6565 Capistrano Avenue, Atascadero, CA 93422. In addition, his office can also be reached by calling (805) 461-6143.
- The state of California offers incentive programs that expand statewide for new, growing, and relocating businesses. Two of these programs are the California Competes Tax Credit which offers qualifying businesses with a tax credit and the New employment Credit. The latter of which offers a tax credit for taxpayers who hire full-time employees. Furthermore, the state offers several other programs to further diversify the state’s economy.
What is the Population?
- The county’s population of 283,111 is 68% White, 22% Hispanic, and 4% Asian.
- Most county residents are between 18 and 65 years old, with 17% under 18 years old and 20% older than 65.
- In total, the county has about 105,317 households, with an average of three people per household.
What are the major cities?
The county has seven cities, including the city of San Luis Obispo which serves as the county seat. In addition, the six other cities in the county are Arroyo Grande, Atascadero, Grover Beach, Morro Bay, Paso Robles, and Pismo Beach.
About San Luis Obispo County
The San Luis Obispo County is located on the coast of the Pacific Ocean and is almost midway between the metropolitan areas of Los Angeles and San Francisco. In addition, the county is also known as SLO county and is bordered the Monterey county to the north, Santa Barbara County to the south, Kern County to the east, and 100 miles of Pacific Ocean to the west.
Originally home to the Chumash people, the county was eventually reached by Friar Junipero Serra who established Mission San Luis Obispo de Tolosa in 1772. Eventually, the downtown area of San Luis Obispo grew around the mission and eventually grew into what it is today.
Health care, education services, and retail trade are amongst the county’s most common employment industries. However, other important industries include food preparation and food serving.
When it comes to education, the county is renowned for its educational institutions such as the California Polytechnic State University, and the Cuesta Community College. Both universities attract the attention of people from all around the globe and provide a large array of educational and cultural opportunities.
The abstract and varied geography and the rich history of this place provide numerous opportunities for recreation. Once you are in San Luis Obispo county there are countless things and activities which you can see and do. Whether you want to watch an outdoor movie at a classic drive-in, enjoy a calming wine picnic at a beautiful vineyard, relax in a hot- tub overlooking the woods, or go for an adventurous hike, SLO county has it all. You just need to step out and see the plethora of recreation and entertainment to you.
Veteran Information
The county is currently home to 17,326 veterans.
- Nearby Bases
- Camp Roberts (ARNG) – San Miguel, CA 93451.
- Camp San Luis Obispo – San Luis Obispo. CA 93405.
- San Luis Obispo County is home to two VFW post:
- Post 2814 Atascadero – 9555 Morro Rd. Atascadero, CA 93422.
- Post 10964 Paso Robles – 240 Scott St. Paso Robles, CA 93446.
- VA Medical Centers in the county:
- San Luis Obispo VA Clinic – 1288 Morro Street, Suite 200, San Luis Obispo, CA 93401.
- San Luis Obispo Vet Center – 1070 Southwood Drive, San Luis Obispo, CA 93401.
- County Veteran Assistance Information
- San Luis Obispo Veterans Services Office – 801 Grand Ave, San Luis Obispo, CA 93401.
Apply for a VA Home Loan
- For more information about VA Home Loans and how to apply, click here.
- If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.
- VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.
VA Approved Condos
| Name (ID): 3186 WOOD DR. A & B (002685) Address: TRACT 163 CAMBRIA CA 93428 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/13/2013 Review Completion Date: 06/12/2013 | Name (ID): ARBOR RIDGE PHASE 1,2 (003629) Address: 303 OAK HILL RD PASO ROBLES CA 93446 SAN LUIS OBISPO Status: Accepted With Conditions Request Received Date: 08/21/2016 Review Completion Date: 09/29/2016 |
| Name (ID): ATASCADERO VILLAGE (004757) Address: 21 SANTA ROSA, STE 100 SAN LUIS OBISPO CA 93405 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 04/17/2019 Review Completion Date: 05/08/2019 | Name (ID): AVIVO PHASES 1-8 (003194) Address: SACRAMENTO DR SAN LUIS OBISPO CA 39401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 12/07/2015 Review Completion Date: 01/03/2016 |
| Name (ID): BAYCLIFF VILLAGE (002695) Address: UNKNOWN PISMO BEACH CA 99999 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/27/2013 Review Completion Date: 07/24/2013 | Name (ID): BROAD STREET (002953) Address: 3591 SACRAMENTO DRIVE SAN LUIS OBISPO CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/07/2015 Review Completion Date: 07/20/2015 |
| Name (ID): CANDELERO (001988) Address: TRACT 13933, LOTS 1-5 RANCHO SANTA MA CA 92688-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 04/11/1994 Review Completion Date: 04/11/1994 | Name (ID): CASA DEL MONTE (008432) Address: CONDOMINIUMS SAN SIMEON CA 93452 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 10/09/2009 Review Completion Date: 11/01/2009 |
| Name (ID): CHORRO TIMBERLINE (004649) Address: 750 CHORRO STREET SAN LUIS OBISPO CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 09/03/2018 Review Completion Date: 09/16/2018 | Name (ID): CHUMASH VILLAGE (003752) Address: 3057 S. HIGUERA STREET SAN LUIS OBISPO CA 93401-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 09/12/2017 Review Completion Date: 09/13/2017 |
| Name (ID): COUNTRY CLUB ESTATES (002666) Address: 5735 EL CAMINO REAL PASO ROBLES CA 93446 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 03/03/2013 Review Completion Date: 04/25/2013 | Name (ID): GROVER MANOR (004621) Address: 234-248 N. 10TH STREET GROVER BEACH CA 93433-4107 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/20/2018 Review Completion Date: 07/11/2018 |
| Name (ID): HOME RUN CONDOMINIUM (005374) Address: 5550 TRAFFIC WAY ATASCADERO CA 93422 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 01/20/2021 Review Completion Date: 02/17/2021 | Name (ID): LAS LOMAS HOA (002147) Address: TRACT 1557 ATASCADERO CA 93422-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 02/04/1986 Review Completion Date: 02/04/1986 |
| Name (ID): LAUREL CREEK TRACT 2707 (008152) Address: AKA TUMBLING WATERS HOA SAN LUIS OBISPO CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 03/02/2009 Review Completion Date: 03/03/2009 | Name (ID): MARCHANT CONDOMINIUMS (004681) Address: 5985 TECORIDA AVENUE ATASCADERO CA 93422-4165 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 11/05/2018 Review Completion Date: 11/18/2018 |
| Name (ID): MARLO WEST CONDOMINIUMS (002691) Address: 1233 FARROLL AVE #A ARROYO GRANDE CA 93420 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/09/2013 Review Completion Date: 08/18/2013 | Name (ID): MONARCH RIDGE TOWNHOMES ( (004862) Address: 1645 TRILOGY PARKWAY TR. 2759 NIPOMO CA 93444 SAN LUIS OBISPO Status: Accepted With Conditions Request Received Date: 10/05/2019 Review Completion Date: 10/30/2019 |
| Name (ID): MUSSELMAN CONDOMINIUMS (007260) Address: 9315 MUSSELMAN DRIVE ATASCADERO CA 93422 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/11/2004 Review Completion Date: 05/17/2004 | Name (ID): OAK BAY CONDOMINIUMS HOA (002937) Address: CREEKSIDE/SHADYCREEK/RIPARIAN PASO ROBLES CA 93446 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/17/2015 Review Completion Date: 06/30/2015 |
| Name (ID): OCEAN OAKS (008311) Address: TRACT 2616 ARROYO GRANDE CA 93420 SAN LUIS OBISPO Status: HUD Accepted Request Received Date: 07/19/2009 Review Completion Date: 07/19/2009 | Name (ID): PACIFIC WEST HOMEOWNER ASSOC (004026) Address: OAK PARK BLVD & BRANCH STREET PISMO BEACH CA 93449 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 01/09/2017 Review Completion Date: 02/15/2017 |
| Name (ID): PARKWOOD VILLAGE (005409) Address: 1045 SOUTHWOOD DRIVE SAN LUIS CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 03/10/2021 Review Completion Date: 03/17/2021 | Name (ID): PASO ROBLES COUNTRY CLUB (002940) Address: 14 GREEN COURT PASO ROBLES CA 93446 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/19/2015 Review Completion Date: 08/06/2015 |
| Name (ID): PINE MAR MANOR (002820) Address: 615 PINEY WAY MORRO BAY CA 93442 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 08/28/2014 Review Completion Date: 10/30/2014 | Name (ID): RANCHO COLINA (004451) Address: 1045 ATASCADERO RD MORRO BAY CA 93442 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/28/2017 Review Completion Date: 07/06/2017 |
| Name (ID): RANCHO PASO HOA (000149) Address: THEATRE DR PASO ROBLES CA 93446 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 04/26/2015 Review Completion Date: 06/25/2015 | Name (ID): ROCKAWAY CONDOMINIUMS (003994) Address: 594 ROCKAWAY AVENUE GROVER BEACH CA 93433 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 10/18/2016 Review Completion Date: 11/30/2016 |
| Name (ID): SANTA LUCIA VILLAGE (004252) Address: TRACT 1610 ATASCADERO CA 93422-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 01/31/1990 Review Completion Date: 01/31/1990 | Name (ID): SANTA YNEZ HOA (005100) Address: 1185 SANTA YNEZ #C LOS OSOS CA 93402 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 10/22/2020 Review Completion Date: 10/28/2020 |
| Name (ID): SOUTHWOOD CHALETS (002124) Address: TRACT 706 SAN LUIS OBISPO CA 93401-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/16/1979 Review Completion Date: 05/31/1979 | Name (ID): SUMMERHILLS GARDEN HOA (004438) Address: BLUEBELL WAY SAN LUIS OBISPO CA 93453 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/23/2017 Review Completion Date: 06/11/2017 |
| Name (ID): TEMPLETON OAKS HOA (006612) Address: 190 1ST STREET TEMPLETON CA 93465-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 01/31/2001 Review Completion Date: 01/31/2001 | Name (ID): THE COURTYARDS ON WALNUT HOA (004554) Address: 1144 WALNUT STREET SAN LUIS OBISPO CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 01/11/2018 Review Completion Date: 01/29/2018 |
| Name (ID): THE VILLAGE AT EXPOSITION PARK (003540) Address: 2250 KING CT. SAN LUIS OBISPO CA 93401 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 06/08/2016 Review Completion Date: 07/11/2016 | Name (ID): THE VILLAS (007999) Address: ATASCADERO CA 93422 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 09/14/2008 Review Completion Date: 09/29/2008 |
| Name (ID): TRACT 1005 (004354) Address: GROVER CITY CA 93433 SAN LUIS OBISPO Status: HUD Accepted Request Received Date: 07/10/2002 Review Completion Date: 07/11/2002 | Name (ID): VISTA DEL MAR VILLAGE (008042) Address: TRACT 2820 GROVER BEACH CA 93433 SAN LUIS OBISPO Status: HUD Accepted Request Received Date: 11/05/2008 Review Completion Date: 11/05/2008 |
| Name (ID): VISTA DEL NORTE (002785) Address: 10710 EL CAMINO REAL ATASCADERO CA 93422 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 05/11/2014 Review Completion Date: 07/08/2014 | Name (ID): WOODBRIDGE MEADOWS (002137) Address: TRACT 1122 SAN LUIS OBISPO CA 99340-0000 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 02/24/1992 Review Completion Date: 02/25/1992 |
| Name (ID): WOODRIDGE (003484) Address: 9369 RIBERENA CIRCLE ATASCADERO CA 93422 SAN LUIS OBISPO Status: Accepted Without Conditions Request Received Date: 03/29/2016 Review Completion Date: 04/19/2016 | For more information about the condo approval process call us at (877) 432-5626. |
