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By clicking "GET FREE QUOTES," you authorize selected lenders and FREEandCLEAR to contact you using the information you provided. This authorization overrides any previous registrations on federal, state, or private Do Not Call registries or any private solicitation preference you previously expressed. You agree that lenders may use automatic dialing systems to make calls to any phone number entered, even to a cell phone or other service for which the called party is charged. You understand that consent is not a condition of purchase.
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VA Mortgage Loan Limit Calculator
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VA Mortgage Loan Limit Calculator

The U.S. Department of Veterans Affairs (VA) offers a ​VA home loan program ​ for active and retired military personnel that enables them to purchase homes with no down payment and at attractive interest rates. There are limits to the size of mortgage you can obtain through the VA program. Input your state and county to determine the VA loan limit in your area. You can also use our ​VA Mortgage Qualification Calculator​​ to determine the VA mortgage you qualify for and learn other information about the program

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The maximum allowable mortgage amount eligible for the VA progam in your county
 
 
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Points: Fees you are willing to pay in order to get a lower interest rate. The number of points refers to the percentage of the loan amount that you would pay. For example, "2 points" means a charge of 2% of the loan amount.
 
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Principal & Interest: A periodic payment, usually paid monthly, that includes the interest charges for the period plus an amount applied to the reduction of the principal balance.
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Mortgage Insurance: The monthly cost for a policy that protects the lender in case you’re unable to repay the full amount of the loan. It is typically required for loans that have a loan-to-value ratio between 80% to 100%.
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Property Tax: (Also called "Real Estate Tax.") Property taxes are government assessments on real estate property. With mortgage financing, the local, county or state tax assessment on real estate property is considered part of the monthly housing obligation and typically collected and set aside by the lender ...
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Homeowner Insurance: or also commonly called hazard insurance, is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one’s home, its contents, loss of its use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.lender ...
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Homeowner Association fee: (HOA) fees are funds that are collected from homeowners in a condominium complex to obtain the income needed to pay (typically) for master insurance, exterior and interior (as appropriate) maintenance, landscaping, water, sewer, and garbage costs.
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Points Fees you are willing to pay in order to get a lower interest rate. The number of points refers to the percentage of the loan amount that you would pay. For example, "2 points" means a charge of 2% of the loan amount.
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Origination Charge: A loan origination charge is a fee charged by the lender for evaluating, processing, and closing the loan.
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Tax Service Fee: A fee charged by the lender to cover the cost of retaining a tax service agency. These agencies monitor the property tax payments on the property and report the results to the lender.
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FHA Upfront Premium: A fee paid in cash at the close of escrow or more commonly it is financed into the loan. These premiums are pooled together by the FHA and are used to insure the risk of borrower default on FHA loans. FHA upfront premiums are prorated over a five year period, meaning should the homeowner refinance or sell during the first five years of the loan, they are entitled to a partial refund of the FHA upfront premium paid at loan inception.
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Other fees could be either additional Administrative Fees that a lender charges or it could be a Flat Fee to cover all lender charges such as: (Origination Fees, Points, Underwriting and Processing Fees, Credit Reports and Tax Service Fees)

The flat fee does not include prepaid items and third party costs such as appraisal fees, recording fees, prepaid interest, property & transfer taxes, homeowners insurance, borrower’s attorney’s fees, private mortgage insurance premiums (if applicable), survey costs, title insurance and related services.

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Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Click here for more information on rates and product details.
While we pride ourselves on the quality and breadth of the FREEandCLEAR mortgage calculators please note that they should be used for informational purposes only. Our calculators rely on assumptions by us and inputs and assumptions provided by you, which may be inaccurate. The outputs from our calculators are estimates only and should not be used as the sole basis for making any financial decisions. Always consult multiple financial professionals when determining the mortgage size and program that is appropriate for you.

How VA Loan Limits Work

1

VA Loan Limit Basics

VA home loan program guidelines do not technically apply loan limits but rather establish a maximum amount of a loan that the VA guarantees, which effectively caps the mortgage amount for most VA borrowers.  In short, the VA guarantees 25% of your loan as long as it is below the VA loan limit.  If your loan amount exceeds the VA loan limit then the VA only guarantees 25% of the loan amount up to the loan limit and does not guarantee any portion of the loan that exceeds the loan limit.  Although it is a little complicated, the most important point to understand is that lenders apply VA loan limits.  VA loan limits vary by county.  There is one set of loan limits for the 48 contiguous United States, Washington D.C. and Puerto Rico and a higher set of loan limits for Alaska, Hawaii, Guam and the U.S. Virgin Islands.  In the contiguous U.S., Washington D.C. and Puerto Rico, VA loan limits range from $424,100 to $636,150 in counties with a higher cost of living and housing prices.  In Alaska, Hawaii, Guam and the U.S. Virgin Islands VA loan limits range from $635,150 to $954,225 for high cost counties.

2

Your VA Loan Amount Can Be Greater that the VA Loan Limit

It is important to highlight that most lenders are willing to lend you a loan amount that exceeds the VA loan limit as long as you contribute a down payment equal to 25% of the amount by which your mortgage exceeds the loan limit.  For example, if the VA loan limit in your county is $500,000 and you want a $600,000 mortgage, most lenders require that you make a $25,000 down payment to qualify for a VA mortgage ($25,000 = 25% * $100,000 (the amount by which the loan exceeds the VA loan limit)).

3

VA Loan Program Property Eligibility Guidelines

The VA mortgage program applies to one-to-four unit owner occupied primary residences.  If you use a VA home loan to buy a multi-unit property you must live in one of the units.  Second and vacation homes as well as non-owner occupied investment properties are ineligible for the VA mortgage program.

More FREEandCLEAR Mortgage Resources

Mortgage Guides

VA Home Loan Program Overview

Review our comprehensive overview of the VA mortgage program including borrower eligibility guidelines, qualification requirements and other key program information such as the VA funding fee

Mortgage Calculators

VA Mortgage Qualification Calculator

Calculate what size VA home loan you can afford based on your monthly gross income and debt and type of military service

Programs

Pros and Cons of a VA Home Mortgage

Understand the positives and negatives of a VA mortgage to determine if it the right program for you

Resources

VA Interest Rates

Use our VA interest rate table to review updated VA rates and closing costs for lenders in your area.  Shopping multiple lenders is the best way to find the VA home loan with the lowest rate and fees

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My Mortgage Info

Mortgage Type
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Loan Amount
Property Value
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State
GET FREE Quotes
FREEandCLEAR.comThank you for submitting your information!
FREEandCLEAR.comYour mortgage quote request has been sent to our lending partners and you should receive emails from multiple lenders shortly
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By clicking "GET FREE QUOTES," you authorize selected lenders and FREEandCLEAR to contact you using the information you provided. This authorization overrides any previous registrations on federal, state, or private Do Not Call registries or any private solicitation preference you previously expressed. You agree that lenders may use automatic dialing systems to make calls to any phone number entered, even to a cell phone or other service for which the called party is charged. You understand that consent is not a condition of purchase.