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Hey everyone it’s Darren Copeland your VA Mortgage Expert. In this video we’re going
to be covering the loan limits for the VA Mortgage.
Depending on where you’re purchasing a home that limit can be different. For example of
you’re purchasing a home in the Midwest then the VA loan limit is $417,000. If you’re
looking at purchasing in a high-cost area such as Virginia then the loan limit is $843,000.
Another important fact….the VA will let you go over the limit for the 100% financing
and you simply have to cover 25% of the overage from the maximum limit in your area.
If you have any questions on how much you qualify for and the loan limit in your area
give us a call and we look forward to working with you!