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Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Calvert, Charles, Frederick, Montgomery and Prince George’s counties: $1,209,750
All other counties: $806,500
Dukes and Nantucket counties: $1,209,750
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Calvert, Charles, Frederick, Montgomery and Prince George’s counties: $1,209,750
All other counties: $806,500
Dukes and Nantucket counties: $1,209,750
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties: $833,750
Eagle, Garfield and Pitkin counties: $1,209,750
San Miguel County: $994,750
Summit County: $1,067,200
All other counties: $806,500
Fairfield County: $851,000
All other counties: $806,500
All other counties: $806,500
All other counties: $806,500
Calvert, Charles, Frederick, Montgomery and Prince George’s counties: $1,209,750
All other counties: $806,500
Dukes and Nantucket counties: $1,209,750
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
Alameda, Contra Costa, Los Angeles, Marin, Orange, San Benito, San Francisco, San Mateo and Santa Clara counties: $1,209,750
Monterey County: $970,600
Napa and Ventura counties: $1,017,750
San Diego County: $1,077,550
San Luis Obispo County: $967,150
Santa Barbara County: $913,100
Santa Cruz County: $1,178,750
All other counties: $806,500
Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties: $833,750
Eagle, Garfield and Pitkin counties: $1,209,750
San Miguel County: $994,750
Summit County: $1,067,200
All other counties: $806,500
Fairfield County: $851,000
All other counties: $806,500
All other counties: $806,500
All other counties: $806,500
Calvert, Charles, Frederick, Montgomery and Prince George’s counties: $1,209,750
All other counties: $806,500
Dukes and Nantucket counties: $1,209,750
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
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Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
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It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
For eligible veterans with full entitlement, there are no VA loan limits.
VA loan limits apply to the amount the VA will guarantee, not how much the lender will let you borrow.
VA loan limits can fall between $806,500 and $1,209,750, depending on where the property is located.
VA loan limits were eliminated in 2020. That means VA loan borrowers with full entitlement can borrow the maximum allowed by their lender. The VA loan limits still apply, however, to borrowers without full entitlement.
What are VA loan limits?
VA loan limits are the maximum mortgage amount the U.S. Department of Veterans Affairs (VA) guarantees to lenders for VA loans. If you borrow a VA loan and stop paying it — known as defaulting — the VA guarantees it’ll pay the lender for the loss, up to a certain amount.
What are VA loan limits if you have full entitlement?
In 2020, the VA eliminated VA loan limits on mortgages for eligible veterans, service members and surviving spouses who have full entitlement. You have full entitlement — meaning the entirety of your entitlement is available for use — if you meet at least one of the following criteria, according to the VA:
You’ve never used the VA home loan benefit
You’ve paid a previous VA loan in full and sold the property
You’ve used the VA home loan benefit, but had a foreclosure or short sale and repaid the VA in full
Borrowers with this level of entitlement do not have to make a down payment, and the VA will guarantee the mortgage lender up to 25 percent of the VA loan if the borrower defaults, provided the mortgage is for more than $144,000. If a mortgage is less than $144,000, the VA guarantees up to $36,000 for those with full entitlement.
When do VA loan limits apply?
VA loan limits apply if you have remaining entitlement, meaning that part of the VA-guaranteed dollar amount you’re eligible for has already been tapped. According to the VA, you could fall under this category if:
You have an active VA loan
You’ve paid a previous VA loan in full and still own the property
You refinanced your VA loan into a non-VA loan and still own the property
You had a short sale, deed in lieu of foreclosure or foreclosure and didn’t repay the VA in full
The loan limit for VA borrowers with remaining entitlement is based on the county where the borrower lives. If the borrower defaults, the VA will only guarantee the lender up to 25 percent of the county limit minus the entitlement already used. Some borrowers in this category may have to make a down payment.
VA loan limits by county
For borrowers with remaining entitlement, the VA loan limits vary by county, and are the same as the Federal Housing Finance Agency’s (FHFA) conforming loan limits. The limits are based on the median home values in each county. Adjusted annually, each state’s loan limits are detailed county by county and apply to one-unit (single-family) through four-unit homes.
$806,500
The 2025 conforming loan limit in most places around the continental U.S.
Alameda, Contra Costa, Los Angeles, Marin, Orange, San Benito, San Francisco, San Mateo and Santa Clara counties: $1,209,750
Monterey County: $970,600
Napa and Ventura counties: $1,017,750
San Diego County: $1,077,550
San Luis Obispo County: $967,150
Santa Barbara County: $913,100
Santa Cruz County: $1,178,750
All other counties: $806,500
Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties: $833,750
Eagle, Garfield and Pitkin counties: $1,209,750
San Miguel County: $994,750
Summit County: $1,067,200
All other counties: $806,500
Fairfield County: $851,000
All other counties: $806,500
All other counties: $806,500
All other counties: $806,500
Calvert, Charles, Frederick, Montgomery and Prince George’s counties: $1,209,750
All other counties: $806,500
Dukes and Nantucket counties: $1,209,750
Essex, Middlesex, Norfolk, Plymouth and Suffolk counties: $914,250
All other counties: $806,500
Rockingham and Strafford counties: $914,250
All other counties: $806,500
Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex and Union counties: $1,209,750
All other counties: $806,500
Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties: $1,209,750
All other counties: $806,500
All other counties: $806,500
Cannon, Cheatham, Davidson, Dickson, Macon, Maury, Robertson, Rutherford, Smith, Sumner, Trousdale, Williamson and Wilson counties: $989,000
All other counties: $806,500
Summit and Wasatch counties: $1,149,825
All other counties: $806,500
Alexandria City, Arlington, Clarke, Culpeper, Fairfax, Fairfax City, Falls Church City, Fauquier, Fredericksburg City, Loudoun, Madison, Manassas City, Manassas Park City, Prince William, Rappahannock, Spotsylvania, Stafford and Warren counties: $1,209,750
All other counties: $806,500
King, Pierce and Snohomish counties: $1,037,300
All other counties: $806,500
Jefferson County: $1,209,750
All other counties: $806,500
Teton County: $1,209,750
All other counties: $806,500
VA loan limits example
Say you’re buying a home in a county with a $806,500 loan limit, and you’re already using $50,000 of your entitlement.
Remember, the VA guarantees up to 25 percent of the county loan limit — in this case, $201,625. You’ll need to take the difference between the entitlement you’re using ($50,000) and the 25 percent guarantee ($201,625). This equals $151,625.
From there, most lenders limit you to no more than four times that amount. In this example, the maximum you could borrow with no down payment would be $606,500, or $151,625 multiplied by four. If you’d like to borrow more, you’ll need to make a down payment. You’ll also have to pay for closing costs.
What VA loan limits mean for you
VA loan limits don’t necessarily dictate the amount you can borrow to finance a home — that’s up to your mortgage lender, which will qualify you within the parameters of the VA and its own business. Rather, the VA loan limit describes how much the VA will guarantee for the lender. If you’re approved for a bigger mortgage (more than $144,000), you’re free to borrow beyond these limits, but without full entitlement, you might need to make a down payment to do so.
Now that VA loans no longer have limits for borrowers with full entitlement, first-time borrowers have no cap on the size of a zero-down payment VA loan. The VA funding fees, which most borrowers have to pay to obtain a VA loan, remain in place, however. Remember, even if you have full entitlement and aren’t subject to loan limits, that doesn’t necessarily mean you can get any size VA loan you want. Your lender will still need to evaluate your credit history, income and assets to approve you for a loan, and for a specific amount.
You can use Bankrate’s VA loan calculator to estimate what your monthly payments will be based on the loan amount, loan term, and interest rate.
Frequently asked questions
For eligible veterans and service members with full entitlement, there is no maximum VA loan amount. For borrowers with partial entitlement, the VA loan maximum depends on the county where you live and the type of property you are purchasing. In most counties, the limit for a one-unit property is $806,500, but it can go up to $1,209,750 in high-cost areas.
Â
Yes, you can purchase a million dollar home with a VA loan if you meet your lender’s underwriting requirements. The VA doesn’t place a limit on the price of a home you can finance with a VA loan. However, if you want to purchase a million dollar home, you will likely have to get a jumbo VA loan, which is more difficult to qualify for.
Â
It depends on your needs. The biggest advantage of VA loans is that there’s no requirement for a down payment or mortgage insurance. They also tend to have lower mortgage rates. The drawbacks include that they’re only allowed to be used for primary residences and the requirement to pay a funding fee.
Yes, you can have more than one VA loan at the same time, provided you have enough entitlement.
You can determine if you have full entitlement by reviewing your Certificate of Eligibility (COE), which proves you meet the requirements to be eligible for a VA loan. You can apply for this certificate after meeting specific service requirements.
