VA does not have a maximum loan amount. However, lenders do sell loans on the secondary mortgage market, so they will generally limit loans to $417,000 ($625,500 in Hawaii, Guam, Alaska and U.S. Virgin Islands) with no down payment. With a down payment, loans may exceed these amounts.
Your credit profile will determine how large a loan you will qualify for.
2007-09-19 22:02:49
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answer #1
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answered by Bostonian In MO 7
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Hello, VA does not have a maximum loan amount. I found interesting information about your answer HOME LOANS & options here. http://all-debt-consolidation-loan.blogspot.com/2007/08/home-loans.html Good luck!
2007-09-20 18:55:55
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answer #2
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answered by Anonymous
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