There is no VA loan limit anymore on a VA loan. However most lenders will have there own loan limit therefore its important to find out what that is if you intend on financing more than the conforming loan limit of $726,200. We can offer up to 2 Million with no down payment. And over 2 Million will trigger a down payment of 10%.
If the Veteran borrower has partial entitlement from a previous VA loan, the total amount available will be affected. It is recommended to fill out the short form to the right and allow a VA Specialist assist you in calculating the maximum amount available to you.
I just want to take this opportunity to express my appreciation for all the countless phone calls and hours of hard work that was required by my VA Loan Specialist in closing my loan application. Her patience and persistence in my unusual case was exemplary. She maintained a professional, yet lighthearted rapport with me and my various setbacks. She promised me two things which made me decide to use her as my loan officer (my Realtor said “I can’t believe you trusted someone from the Internet!”) She said “I guarantee the interest rate and I promise to close on time!” She was believable and I’m so glad I trusted her as I firmly believe no one else would have been so dedicated in seeing my loan become successful and close as it did!
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