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Last Updated: September 07th, 2008

VALoans.com

VA loans and VA home refinances for veterans and military personnel

Westbound Bank

A modern community bank should be more than just a place to hold money

Military Benefit Association

Group life insurance & other benefits for military vets & federal employees

Armed Forces Insurance

Providing auto, homeowner, & renters insurance for the military & their families

 

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

Auto Insurance 4643aa152b02aa3faa6c13560330a1eb

Discount military auto insurance is available to all those currently in or
retired from the military.

Life Insurance 1fc785f2c944ff601c75cf6847d6840e

Ensure that your military family can maintain their standard of living in
the event of your death.

Military Banking 0012ba8cc081da4d7dfbbdd32313b7a7

Your bank should protect, serve and grow your military family finances.

Mortgages 06f999bb2d37e5d1bd50fffd0b1114a5

Your military family may relocate often, but that doesn't mean you have to give
up the dream of home ownership.

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