Disabled Veteran Home Loans

Va Home Loans Limits 2019 VA Loan Limits for high cost counties. For more expensive areas of the country, the VA loan limit amounts are higher to account for higher home prices. Click below on your state to see the counties with 2019 VA loan limits that are higher than the standard limits.

With a VA home loan, you don’t have to put any money down when purchasing your new home. Veterans are not allowed to pay many of the typical closing costs involved in a standard refinance; this saves you hundreds of dollars when it is time to finalize your new loan.

Like any other prospective borrower, disabled veterans who are eligible for a VA home loan don’t get one automatically. They’ll still need to meet a VA-approved lender’s credit and underwriting requirements. Generally, VA lenders are looking for a least a 620 credit score to move forward.

A disabled veteran loan provides veterans who were discharged under honorable conditions with cash for anything, whether it is to upgrade to a handicap accessible vehicle, or to repay old high-interest loans through consolidating the debt. Borrowers can even use a single loan for multiple purposes.