VA Loan Limits Disappear January 2020!

Updated: Sep 3



Great news for our veterans! Effective January 1, 2020, loan caps on the amount a veteran can finance using a 100% loan to value VA Loan will disappear.  In the past, 100% loan to value VA Loan amounts were limited based on area affordability guidelines.  Especially in communities like Hawaii, the limitations were unrealistic for those desiring a single family home.  Currently, when a veteran wants to take advantage of the VA guaranteed loan for a higher priced property, he or she would have to bring in a 25% down payment on the "jumbo" portion of the loan (the mount exceeding the VA limitations).  It is a great program, but this new development will have a tremendous impact on expanding options for our deserving veterans.