The Maximum VA Loan Guarantee Limit has been updated for 2025. Find out the maximum VA amount in your county or parish.
The current maximum guarantee authorized by the VA in most parts of the country is $766,550. VA loan limits increase based on the area. In certain high-cost counties, VA loan limits can exceed $1,149,825. You can find a complete list of VA loan limits by state and county below. ...
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...
This means those with full entitlement aren’t subject to loan limits like they are onFHA loansorconforming loans. You have full entitlement if you’ve never used your home loan benefit, have paid a previous VA loan in full and sold the property (full entitlement restored), or you had a ...
Full VA loan entitlement There are two levels or tiers of VA loan entitlement. The first one is valued at $36,000, while the other is tied to the loan limits of the borrower's county. First-time homebuyers or those who have never defaulted on a VA loan before have full entitlement. ...
Your lender will review your credit, income, debts and assets to decide how much you qualify for. FHA loans FHA loans have limits, which vary by county and may reset annually. The most you can borrow with an FHA loan ranges from $498,257 in low-cost counties to $1,149,825 in high...
These limits are only relevant if you have partial entitlement. In Indiana, VA loan limits represent the maximum loan amount the VA will guarantee without requiring a down payment. These limits vary depending on the county and the local cost of living. For 2024, the VA loan limit for a ...
However, your lender still assesses what you qualify for based on your finances — including income and other debt — and might impose its own loan limit. Your entitlement is still pegged to conforming loan limits, as well. You won’t have full entitlement if one or more of the following ...
Borrowing limits:Depending on your benefit entitlement and the county you live in, the loan may have a maximum value, especially if you currently have a VA loan that has yet to be paid off. If the maximum loan you can receive falls below what you need, you still may be able to qualify...
VA loan limits in Colorado are based on which county the home is located in. This is because loan limits are set to accommodate areas with higher costs of living. Otherwise, it would be difficult for borrowers to utilize their VA loans, and capitalize on the zero down payment option, in ...