What is the maximum VA Loan amount?
The current maximum VA Loan amount is $729,000. Just remember, even if you are eligible for a VA Loan, you still have to qualify for the requested loan amount. This means that you may not be approved for the entire maximum loan amount even if you are eligible for a VA Loan. If you want to purchase a home that is selling for more than the maximum VA Loan amount, you would need to come up with the additional money in the form of a down payment.
The current maximum VA loan amount is $417,000. Just remember, even if you are eligible for a VA loan, you still have to qualify for the requested loan amount. This means that you may not be approved for the entire maximum loan amount even if you are VA eligible. If you want to purchase a home that is selling for more than the maximum VA loan amount, then you would need to come up with the additional money in the form of a down payment.