The loan limits for VA mortgage loans have been announced. 2020 VA loan limits will follow conforming mortgage limits for single family homes.
Mortgage Master Service Corporation will lend up to $2,000,000 subject to Veteran entitlement eligibility requirements.
Home Sellers should really consider accepting VA home buyers. Just because they’re putting less down, does not mean they are less qualified. VA home buyers have EARNED this benefit by serving our country. And these days, VA mortgage loans are not any more or less challenging to process and close than any other type of home mortgage. VA loans do not have monthly mortgage insurance and they have very competitive mortgage rates.
If I can help you with a VA mortgage or any type of home loan for property located in Washington state, please contact me.
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About Rhonda Porter
You can now go VA jumbo with zero down , regardless of the loan limit , there is not a loan limit on VA anymore , now most lenders are capping that high balance jumbo with 1.5 million — new rules that came out on the VA last year
FYI — and you do a great job on updates —
Thanks, Paul! I just caught that myself… I borrowed an old post ;/