Quantcast

Veteran Home Loans







VA loan amounts can equal up to $729,750 in certain areas. These loans require a 25% down payment on any amount your county limit. A $1,000,000 loan limit applies to VA 30/20 year fixed and 30 year 3/1 ARMS.
 
VA Home LoanVA Streamline RefinanceVA Home Equity LoanVA Certificate of EligilibityForm DD-214VA Loan FactsVA Loan Lending Limits

VA Loan Facts

What is a VA Loan?
VA Lending Limits
VA Loan Closing Costs
Debt to Income Ratios
VA Funding Fee
VA Credit Issues
The Law on Occupancy
Co-signors or Joint Loans
Your VA Loan Checklist
VA Jumbo Loan



VA LOAN LIMITS

MAXIMUM GUARANTY AMOUNT
REGULAR VA LOAN - $0 Down up to $729,750 in qualifying areas
SUPER MAXIMUM VA LOAN AMOUNT - $1,000,000

On October 10th, 2008, the President signed Public Law 110-389, the Veterans' Benefit Improvement Act of 2008. This law allows for $0 down payment loans in qualified counties to go up to $729,750 on loans closed through December 31st, 2011. Qualifying customers can now apply for a regular VA Loan with $0 down up to the $729,750 in qualified counties. To see the $0 Down amount for the single family home limit in your county, simply click on the applicable state.



What is a VA Loan?
VA Lending Limits
VA Loan Closing Costs
Debt to Income Ratios
VA Funding Fee
VA Credit Issues
The Law on Occupancy
Co-signors or Joint Loans
Your VA Loan Checklist
VA Jumbo Loan



FREQUENTLY ASKED QUESTION # 18   [ -more VA Loan questions- ]
- - - - - -
Q: VA Loans and Rental Properties - Can I use my VA loan to buy a rental property?

A: The idea of buying a building intended as a rental property is sound-but VA mortgages aren't intended for this purpose. If you buy a home with a VA home loan, you must certify that you intend to "personally" live in the house. There are naturally exceptions made for houses that are in the building stages when the sale is made, but the general rule is you must occupy the house within sixty days of the loan closing. The occupancy requirement applies to all VA guaranteed loans except one; the Interest Rate Reduction Refinancing Loan or IRRRL. For these loans, the veteran is required to certify that the dwelling was previously occupied as the home.


VA Loan Rates
for 1/05/2009


30 year fixed
-----------------
0.000 points
5.000%
5.106% APR

15 year fixed
-----------------
0.000 points
6.500%
6.694% APR



Free Credit Report
Do you know what's on your credit report?

FREE credit report and 30-day trial of CreditCheck!



Military News
Stay up to date
with news from the
top military news sources.



Life Insurance for Military Members





Montgomery GI Bill benefits can get you started:
University of Phoenix
- AIU Online
- Capella University
- DeVry University
- Kaplan University
- Westwood College
- Walden University
- Strayer University
- Virginia College
- Grand Canyon U.
- Grantham Univ.
- Jones Int'l Univ.
- South University
- Ellis College
- CTU Online
- Baker College



FHA Refinancing
Refinance with
an FHA loan FHA lenders provide an effective way to put your home equity to work.



VALoans.com is a private company specializing in VA financing and is not a government agency.



Better Business Bureau


Get Started with a
VA Home Loan


PROPERTY LOCATION

LOAN PURPOSE






VA Home Loans 101
An easy reference guide offering vital information for using your VA benefits to buy a home.

Get this FREE guide!



Military Loans
Serving the military community with personal loans from $500 to $10k.

Pioneer Military Loans



Use Your GI Bill Benefits
Education plus military training can be an unbeatable combination for a military promotion or for a civilian career.

The Montgomery GI Bill provides up to 36 months of education benefits for Active Duty, Selected Reserve, and Military Veterans.

See a complete list of
GI Bill Schools



VA Mortgage News
Browse through articles about VA home loan programs, VA benefits, home buying and selling, VA mortgage shopping and insurance.

Subscribe now and get monthly email delivery

Looking for a Realtor®?
Have an experienced agent in your area contact you for your buying or selling needs.

VA Mortgage Calculator
Use our calculators to help you find the right veteran mortgage.

Military Discounts
Save money on your next car rental or hotel stay.

Veteran Benefits
Find out how easy it is to get a VA mortgage.

Site Map
Company Information
Contact Us
Privacy Policy
VA Home Loan
VA Adjustable Rate
VA Refinance
VA Loan Prequalify
Streamline Refinance
FHA Mortgage
Certificate of Eligibility
DD214 Request
Military Loans
VA Loan Facts
Military Finance
Military Banking
Veteran Life Insurance
Military Insurance


   Copyright © 1997- 2009
   VALoans.com
   All Rights Reserved

   Web Design
   Archimage
   Houston, Texas

 

   
Learn more about the different types of loans we offer from the VA and FHA government sites.