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What is the maximum I can borrow with my VA Eligibility

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What is the maximum I can borrow with my VA Eligibility

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The maximum guarantee authorized by the VA is 25 percent of the loan amount up to $113,275. The maximum VA home loan is $453,100. The maximum guarantee in the states of HI and AK is 25 percent of the loan amount up to $169,912 . The maximum VA home loan in these states is $679,650. In certain high cost counties the amount may be more.

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An FHA loan is popular especially among first time home buyers because they allow down payments of 3.5% for credit scores of 580+. Borrowers credit score can be between 500 – 579 if a 10% down payment is made. Contact us today to get the process started!

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The VA loan allows veterans a great loan option by using their VA benefits and come with 0% down payment and no private mortgage insurance (PMI). Interest rates are typically lower than other mortgage programs and the VA will allow higher debt..

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    9393 W. 110th Street, Suite 500, Overland Park, KS 66210

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    Neverrest Mortgages, LLC
    9393 W. 110th St.
    51 Corporate Woods Suite 500
    Overland Park, KS 66210
    Email: stever@neverrestmortgages.com
    (913) 232-9232

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