VA limits

Department of Veterans Affairs Posts VA Loan Limits For 2014

December 23, 2013

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 do NOT apply to IRRRLs. VA will guarantee 25 percent of the principal balance on an IRRRL, regardless of whether the loan exceeds the limit for the particular county.”

While VA home loans for new purchases don’t have a set, specific maximum dollar amount limit, there are VA loan guaranty ceilings per county, setting a maximum amount not on the amount that can be borrowed for a VA mortgage, but rather how much the VA will guarantee.

According to the VA circular, “Lenders may make loans to Veterans greater than the maximum county loan limit; however, lenders may require Veterans to make a down payment for the amount borrowed in excess of the applicable county loan limit.

The newly posted VA loan limits apply “to all loans closed January 1, 2014 through December 31, 2014. VA loan limits are based on county median home values reported by the Federal Housing Administration. These values are the basis for which VA calculates limits for our program. For 2014, some limits increased, some stayed the same and a few

The maximum VA loan guaranty amount for amounts over $144,000 is “25 percent of the 2014 VA county loan limit… Veterans with full entitlement available may borrow up to this limit and VA will guarantee 25 percent of the loan amount.”


  1. Sam

    Has the VA Limit for the city of Virginia Beach changed from $417K? Thanks in advance. R/Sam

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