The 2019 Blue Water Navy Vietnam Veterans Act repealed loan limits on VA loans. We are leaving the below post intact for archival purposes. Click here to check your VA jumbo loan eligibility (Feb 14th, 2025) Original post: As of 2024, the VA allows loan amounts of up to $766,550 Bu...
Know the benefits of VA loans, understand the eligibility requirement of VA loans, advantages, VA loan limits & compare different VA rates offered by lenders.
VA Eligibility Requirements What mortgage options does the VA loan program offer? The VA loan provides a handful of home financing options. Most popular is the home purchase loan, but there are also mortgage options for: VA home purchase VA Energy Efficient Mortgage (EEM) VA streamline refinance...
Check your eligibility with today's top lenders Compare Lenders How Do You Calculate Back-End DTI Ratios? To get the quotient that is your back-end DTI ratio, simply divide your significant monthly debts by your gross, pre-tax monthly income. Take a look at this example: You earn a $...
Verify your VA loan eligibility. Start here Why VA loan limits ended As usual with things in Washington, the VA loan limit repeal is a strangely complicated story. The short version looks like this: The amount a vet can borrow has long been dependent on the available entitlement, a form of...
Service eligibility You’ll need to meet one of the following service histories to be eligible for a VA loan. (If you’ve been dishonorably discharged, you won’t be eligible at all.) Additionally, eligibility may be established for those who have served in the Selected Reserves or National...
One unique item you'll need is a VA certificate of eligibility. The certificate of eligibility is a document from the Department of Veterans Affairs that shows you meet the service requirements for a VA loan. You can request the document through the VA, or ask a VA mortgage lender to get...
About VA loan limits Generally, VA loans limits correspond with conforming loan limits. In 2025, those limits max out at $in most of the U.S. but can reach $in areas deemed high-cost. Verify your VA loan eligibility. Start here
Check your VA home loan eligibility. Start here (Feb 13th, 2025) VA funding fee & loan limits The current VA funding fee is typically 2.3% of the loan amount. It is added to the loan principal, reducing the amount of cash needed. For example, a veteran who buys a $250,000 home wit...
Read more about VA loan eligibility. VA Loan Process Like any mortgage process, obtaining a VA home loan has a variety of important steps you must work through before you can get the keys to your dream home. Since the VA home loan is only the type of loan not who the loan is sourced...