VA Loan Lending Limits
The Veterans Benefits Act of 2004 changed the maximum guaranty amount of $60,000 for certain loans in excess of $144,000, to an amount equal to 25 percent of the Freddie Mac conforming loan limit determined under section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act for a single family residence, as adjusted for the year involved.
This means that the maximum guaranty for 2008 would be $104,250. This is for 25 percent of the 2008 Freddie Mac loan limit for a single family residence of $417,000.
The maximum eligibility for each veteran is $104,250 and the maximum loan amount with no down payment is $417,000.
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Featured Military Benefits
Discount military auto insurance is available to all those currently in or
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Ensure that your military family can maintain their standard of living in
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Your military family may relocate often, but that doesn't mean you have to give
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