VA Home Loan Limits

There are loan amount limits for VA mortgage loans and they vary by county and state like FHA. Actually there is no maximum loan limit set by the Department of Veterans Affairs.   The VA loan guaranty program is not restricted by the US government that guarantees the mortgage, but the VA lenders and mortgage insurance companies have been setting some limits to reduce the risk and limit the VA loan defaults.  The VA loans adhere to the county “limits” and most VA lending companies stick to the VA loan limit guidelines in an effort to calculate VA’s maximum guaranty amount for a particular county. These restrictions apply to all VA mortgages that fund between January 1st through December 31st, 2009.

The maximum loan guaranty amount is 25% of the 2009 VA Limit shown below. (for VA home mortgages over $144,000) So a military veteran who has their full entitlement available may borrow up to the 2009 VA loan Limit and the Veterans Administration will guarantee 25% of the mortgage amount.

The 2009 VA Loan Limit is $417,000 for most counties with the exception of the counties listed below.

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