What is the VA home mortgage loan limit?
Technically there is no maximum VA loan limits for home mortgages. Most VA mortgage lenders limit the maximum VA home loan amounts to the conforming limit set by Fannie Mae and Freddie Mac in that specific region. For example VA mortgages in Orange County, California can offer loan amounts up to $729,750 for rate and term refinancing, streamline or new home purchase loans. Cash out limits will range based on VA loan eligibility and property value. Discuss your eligibility for VA cash out refinancing with your loan officer to get specifics. 100% Mortgage Loans – VA Loan Advantages and Disadvantages by Maria Ny In this day and age of rising costs and low housing affordability, various financing options have arisen to assist military homebuyers get onto the property ladder. One of these is a 100% mortgage, which provides enough funds to the borrower to purchase a property outright. For most veterans, the VA doesn’t actually provide mortgages per se. But rather, they guarantee loans made t