2019 VA Loan Limits | Low VA Rates : This video and its contents are not intended for residents or home owners in the states of MA, NY or WA.
As of January 1st, 2019, VA home loan limits, as well as conventional loan limits, increased to $484,350 in most counties, with some reaching as high as $726, 525. So what does this mean for you? Loan limits don’t actually limit how much you can spend on a house, rather, loan limits are the maximum loan amount that the VA is willing to back without a down payment. As a veteran, it is important to remember that you don’t have to put ANY money down when using your VA home loan. This is a unique perk that you should be aware of as a veteran.
In 2018, the VA home loan limit was $453,100. If you purchased a home that was more than this, chances are you had to get a jumbo loan at a higher interest rate. If this was the case, consider refinancing with Low VA Rates. Through refinancing, you may be able to get a lower interest rate because of the total loan amount increasing in 2019. If you have any questions about refinancing or purchasing a home with a VA loan, contact Low VA Rates.
Low VA Rates is committed to helping you find the home loan that is best for you and your financial situation. We are VA mortgage experts and have a strong track record of helping veterans take full advantage of their VA rights and benefits. We can do the same for you. Get started for free today and find out how much you can start saving.
This video is not intended for residents or homeowners in the states of WA, NY or MA.
RELATED: 2019 VA Loan Limits | Low VA Rates
This video and its contents are not intended for residents or home owners in the states of MA, NY or WA
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