The Maximum VA Loan Guarantee Limit has been updated for 2025. Find out the maximum VA amount in your county or parish.
VA loan limits refer to the maximum amount of money that the Department of Veterans Affairs (VA) will guarantee for a VA loan in a specific area. These limits vary by county and are determined based on the median home prices in the area. As of 2025, the VA loan limit for Arkansas for...
VA Loan Benefits: VA loan benefits include a 0% down payment option, no private mortgage insurance (PMI) and lower average interest rates compared to conventional mortgages. Eligibility: Qualifying for a VA loan requires serving a minimum period and receiving an honorable discharge. In certain circ...
Higher county limits for VA loans Veterans who believe they need a jumbo loan because they are over the standard $766,550 loan limit should check their county loan limit. They may have access to higher-than-standard loan amounts without needing a VA jumbo loan. For example, a Veteran home...
VA loans and USDA loans are both government-backed mortgages that allow borrowers to get a home with no down payment. But they're aimed at different borrowers and have some very different eligibility requirements VA loans vs. USDA loans What is a VA loan? What is a USDA loan? VA and USD...
VA loan limits For single-family homes, standard limits on VA mortgage loans are $806,500 in most areas of the country and as high as $1,209,750 in certain high-cost areas. However, veterans with full entitlement and no active loans or previous defaults can have no limits on how much...
Those who have used their entitlement before or defaulted on a VA loan in the past may still qualify for this benefit. In such cases, the lender will calculate the remaining entitlement based on the county's borrowing limits and the amount the borrower used or lost in the past. ...
And if you are subject to VA loan limits and the home price exceeds the county loan limit, then a down payment will be required. If you’re buying in a competitive market where buyers outnumber home sellers, you may need a down payment just to get your foot in the door. A bidding ...
What's a VA Certificate of Eligibility, or COE, and how do I get one? The COE confirms that you've met the service requirements needed to get a VA loan. You'll need one every time you apply for a VA loan. There are a couple ways to get yours: ...
Competitive Interest Rates:VA Loans often offer competitive interest rates, potentially saving borrowers thousands of dollars over the life of the loan. Limited Closing Costs:The VA limits the amount and types of closing costs that borrowers can be charged, reducing the financial burden of homeownersh...