Home Purchase Archive

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Updated: VA Loan Limits for High-Cost Counties

Suburban homes.

Updated for 2016: VA Loan Limits for High-cost Counties The VA loan guaranty program does not impose a maximum amount that an eligible veteran may borrow using a VA loan but limits the maximum guaranty amount to $417,000 for 2016. However, if you live in one of the following counties listed below, follow the data on the chart to determine the VA's maximum guaranty amount for a particular county. These limits apply to all loans closed January ... more

VA Financing & Mortgages Options

Family outside suburban house.

The VA guarantees a variety of home loans. There are two basic types of loans with two additional options that are appealing to servicemembers with special financial goals: Fixed-Rate Mortgage This is the loan that most people think of when considering a mortgage. The interest rate never changes, and the monthly payment will remain the same over the life of a loan. Fixed rate loans are usually for 15 or 30 years. Tip: Get a fixed-rate mortg... more

VA Home Loan: Do You Have What it Takes?

Suburban brick house.

See how easy it is to determine your eligibility! Use our free calculator today! (Opens a pop-up window) In order to obtain a VA home loan, you must first fill out VA Form 26-1880, the request for your Certificate of Eligibility. This certificate is issued only through the Veterans Administration, and is the first step towards applying for your loan. Veterans, active duty, guard or reserve, and military spouses potentially qualify for t... more

Top 3 VA Home Loan Tips

military family in front of house

There are numerous advantages to having a VA mortgage. A VA mortgage loan can be guaranteed with no money down, in some cases up to $417,000. There is also no private mortgage insurance requirement with a VA guaranteed loan, which could offer you substantial savings on your monthly payment.  You can even use your VA Loan benefit to refinance an existing loan -- even if it is not a VA Loan. Be sure to ask for information about the interest rat... more

VA Loan Forms

Business writing

In order to receive your Certificate of Eligibility for VA loan benefits, you will need to submit your request for a Certificate of Eligibility (VA Form 26-1880), as well as your service record. If you are a military spouse, click here for important information. VA Loan Certificate of Eligibility Request Certificate of Eligibility Request This form must be completed and sent in with a service record (DD-214) if you want to obtain a Certifi... more

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