Welcome to Joe Knows Mortgages MINUTE, where we answer your mortgage questions.
On this week’s Joe Knows Mortgages MINUTE, we answer the question:
What are VA loan limits?
VA loan limits are the amount a qualified Veteran with full entitlement may be able to borrow without making a down payment. VA loan limits are based on county median home values reported by the Federal Housing Financing Agency and vary by county.
VA’s 2018 Loan Limits are the same as the Federal Housing Finance Agency’s limits
For more on loan limits, click HERE
Please remember that if you are looking to purchase a home above the VA county limits, you may still be able to use your VA benefits, however, a down payment will be required.
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