VA Loan Limit Increased

The Department of Veterans Affairs will now use a locality-based approach in raising ceilings on its no-down payment home loans from the current $417,000 to as much as $729,000.

Friday September 5th, 2008

VA Loan Limit Increased

 

 

The VA's Specially Adapted Housing Program has also raised primary grants from $50,000 to $60,000 toward constructing a new home or modifying an existing home to meet adaptive needs of veterans or active-duty servicemembers with certain service-connected disabilities.

 

Veterans with certain service-connected disabilities resulting from severe burns can receive the adaptive housing grants.

 

For more information, call the VA at 1- 877-827-3702 or at the VA Loan Guaranty website.