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VA Home Loan Program Loan Limits

VA Home Loan Program Loan Limits

Michael Jensen, Mortgage and Finance Guru
, Mortgage and Finance Guru
Edited by Harry Jensen

Related FREEandCLEAR Resources

  • VA Home Loan Program Overview
  • VA Home Loan Program Borrower Qualification
  • VA Home Loan Program Funding Fee
  • VA MORTGAGE QUALIFICATION CALCULATOR
  • VA LOAN LIMIT CALCULATOR
    About the author
    Michael Jensen, Mortgage and Finance Guru

    Michael is the co-founder of FREEandCLEAR. Michael possesses extensive knowledge about mortgages and finance and has been writing about mortgages for nearly a decade. His work has been featured in leading national and industry publications. More about Michael

VA Mortgage Limits
  • Technically speaking, the VA does not impose a maximum amount that an eligible veteran may borrow using a VA-guaranteed loan; however, loan limits establish the maximum possible amount of a mortgage that the VA guarantees which serves to limit the mortgage size a borrower can obtain through the VA program
  • The maximum mortgage guaranty amount (available for loans over $144,000) is 25% of the 2012 VA mortgage limit shown below
  • A veteran with full entitlement available may borrow up to the mortgage limit shown below and the VA will guarantee 25% of the loan amount
  • If the borrower contributes a down payment, a lender may be willing to lend a loan amount that exceeds the VA loan limit as long as the borrower qualifies for the mortgage based on their income, debt and credit score
  • If the mortgage amount exceeds the VA loan limit, lenders typically require borrowers to pay a down payment equal to 25% of the amount by which the mortgage exceeds the loan limit. For example, if the VA loan limit is $417,000 and the borrower wants a $517,000 mortgage then the borrower would be required to make a $25,000 down payment ($25,000 = 25% * $100,000 (amount by which the mortgage exceeds the loan limit in this example))
  • The VA loan limit varies by county, with a basic standard limit of $417,000 and higher limits in high cost areas up to a maximum mortgage amount of $938,250
  • After reviewing the table below, use our VA Loan Limit Calculator to determine the VA loan limit in your county
Number of Units Contiguous States, District of Columbia,
and Puerto Rico
Alaska, Guam, Hawaii, and the U.S. Virgin Islands
Basic Standard High Cost General High Cost
1 $417,000 $625,500 $625,000 $938,250
%
Current VA Mortgage Rates in Ashburn, Virginia as of March 29, 2024
View All Lenders

%

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.
About the author
Michael Jensen, Mortgage and Finance Guru

Michael is the co-founder of FREEandCLEAR. Michael possesses extensive knowledge about mortgages and finance and has been writing about mortgages for nearly a decade. His work has been featured in leading national and industry publications. More about Michael

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