For VA loans up to $417,000, it is usually possible for qualified veterans to obtain no downpayment financing. Get pre-approved on your new VA home loan.

A VA Loan for Your New Home

Buying a home is one of the biggest and most important decisions you will ever make. We understand that and want to make the process as easy as possible. Whether you are a first-time homebuyer or are experienced with the process, we're here to make your home buying journey a great one.

Let us show you how the VA Home Loan Program can get you into a home with very little red tape. Use VA loans to buy or refinance with no down payment.

VA LOAN LENDING LIMITS

MAXIMUM GUARANTY AMOUNT
REGULAR VA LOAN - $417,000
SUPER MAXIMUM VA LOAN AMOUNT - $1,000,000

The Veterans Benefits Act of 2004 was signed by the President on December 10, 2004. The law changes the maximum guaranty amount of $60,000, for certain loans in excess of $144,000, to an amount equal to 25 percent of the Freddie Mac conforming loan limit determined under section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act for a single family residence, as adjusted for the year involved.

To illustrate, the maximum guaranty for 2008 would be $104,250. This is for 25 percent of the 2008 Freddie Mac conforming loan limit for a single family residence of $417,000.

The maximum eligibility for each veteran is $104,250 and the maximum loan amount with no down payment is $417,000. Apply for Mortgage loan with VA-Loans.Info



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