VA Loan Limits

No VA loan limit on how much you can borrow to buy a home

Know your VA loan limits before you put in your offer
There is no limit on how much a veteran can borrow to buy a home, however if you exceed the guarantee limits below you may be required to make a down payment. While there is no limit on VA loan amounts there is a limit to how much guarantee (insurance) the VA will give the lender for the loan. Any loan over $144,000 is guaranteed for 25% of the loan amount. The VA is actually only guaranteeing a part of the loan, not the whole loan.

Get started today with a realtor that can help you find your dream home and knows how to work with your VA home loan.

Higher cost of living affects the loan limit

Across the nation there are certain counties that have a higher cost of living and are considered a “high-cost county.” The VA has adjusted the maximum guarantee for those counties below. While there is no maximum loan amount there is a maximum guarantee. You can take the dollar ($) amounts below and calculate that the VA will guarantee 25% of the number shown for the lender. For example, Harris County, Texas has a limit of $453,100 so the 25% VA guarantee (insurance) to the lender is $113,275, but a veteran could still borrow $1,000,000 or more to buy a home, but may be required to make a down payment because the loan is exceeding the guaranty limits. If the loan was for $453,100 or less, a down payment would not be required.

NOTE: For all counties in Texas, the limit is $453,100 for 2018.

Get started today with a realtor that can help you find your dream home and knows how to work with your VA home loan.