Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Category Archives: VA limits

What is VA Loan Bonus Entitlement?

What is VA Loan Bonus Entitlement?

A common question about VA loans is, “How much loan can I get?” The answer depends on what value you’re referring to. The VA’s official site states that the basic entitlement for VA loans is $36,000. However, that is NOT...

VA Loan Limits for 2015

VA Loan Limits for 2015

The Department of Veterans Affairs has issued news about VA loan limits by county for 2015. According to VA circular 26-14-39, “the 2015 county loan limits Department of Veterans Affairs (VA) Loan Limits, in the event Public Law 110-389 expires on...

Department of Veterans Affairs Posts VA Loan Limits For 2014

Department of Veterans Affairs Posts VA Loan Limits For 2014

The Department of Veterans Affairs has posted the VA loan lending limits chart for 2014. According to VA Circular 26-13-28, the new limits apply to new purchase home loans and not to VA Streamline Refinancing/VA IRRRLs. “The county loan limits...

VA Loan Limit Questions

VA Loan Limit Questions

The Department of Veterans Affairs recently posted the VA loan guaranty limits for 2013. In some cases the guaranty limit, established by county and updated on a yearly basis, remains the same. In other cases that limit may increase or...

VA Loan Limits For 2013?

VA Loan Limits For 2013?

The Department of Veterans Affairs annually revises its maximum loan guaranty information--the VA maximum guaranty data for one year may not necessarily be the same is it was for the previous year. This is due to a variety of factors...

VA Loans and the Holiday Shopping Season: What to Know

VA Loans and the Holiday Shopping Season: What to Know

Today is Black Friday, the biggest retail shopping day of the year and a time when many find incredible bargains at their favorite shops. With people camping out in advance of the post-Turkey Day shopping spree, and many getting their...

VA Loan Reader Questions: Owning Multiple Homes

VA Loan Reader Questions: Owning Multiple Homes

A reader asks, "I am currently renting and looking to buy a modest house using a conventional mortgage."

"I plan to live in that house and save some money, but in the future, I would like to rent it out. I...

Explaining VA Loan Limits

Explaining VA Loan Limits

How do you know how much money you can borrow with a VA mortgage loan?

The issue of VA loan limits can be a confusing one for some--if the Department of Veterans Affairs doesn't place a set, standardized dollar limit on...

VA Loan Reader Question: Eligibility After Foreclosure

VA Loan Reader Question: Eligibility After Foreclosure

A reader asks, "I am a vet who walked away from my home in 2009 (a BAC-mortgaged property). The foreclosure went down on April 1st, 2011. I have been renting since October 2009. For VA purposes, my 24-month waiting period...

VA Maximum Loan Amounts for 2012 and 2013

VA Maximum Loan Amounts for 2012 and 2013

In August 2012, a law known as the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 was signed into law. Because of that legislation, the Department of Veterans Affairs issued a press release informing lenders and...