VA Mortgage Warranty Program – Army Connection
A worthwhile veterans housing profit is the VA loan warranty program. Whereas this system doesn’t impose a most quantity that an eligible veteran might borrow utilizing a VA loan, it limits the utmost warranty quantity to $417,000. Nonetheless, for any loans that shut on or after January 1, 2016 in any of the counties listed beneath, the utmost could also be greater.
In terms of veteran funds, mortgages are normally the largest expense. VA loan limits are based mostly on county median house values reported by the Federal Housing Administration. These values are the idea for which VA calculates limits for this system. In 2015, some limits elevated, some stayed the identical and some decreased.
The utmost warranty quantity for loans over $144,000 is 25 % of the 2016 VA county loan restrict proven beneath. As a worthwhile veterans housing profit, Veterans with full entitlement accessible might borrow as much as this restrict and the VA will assure 25 % of the loan quantity.
Lenders might make loans to veterans higher than the utmost county loan restrict. Nonetheless, lenders might require Veterans to make a down cost for the quantity borrowed in extra of the relevant county loan restrict.
If a Veteran has beforehand used entitlement that has not been restored, the utmost warranty quantity accessible to that Veteran should be diminished accordingly. Lenders ought to examine their very own investor necessities concerning warranty quantities and down funds. Questions on VA loans in a specific county could also be directed to one of many six VA Regional Mortgage Middle of jurisdiction, additionally listed beneath.
In case your county just isn’t listed beneath, the restrict is $417,000.
| STATE | COUNTY | VA LOAN LIMIT FOR 2017 |
| AK | ALEUTIANS EAST | $636,150 |
| AK | ALEUTIANS WEST | $636,150 |
| AK | ANCHORAGE | $636,150 |
| AK | BETHEL | $636,150 |
| AK | BRISTOL BAY | $636,150 |
| AK | DENALI | $636,150 |
| AK | DILLINGHAM | $636,150 |
| AK | FAIRBANKS NORTH | $636,150 |
| AK | HAINES | $636,150 |
| AK | HOONAH-ANGOON | $636,150 |
| AK | JUNEAU | $636,150 |
| AK | KENAI PENINSULA | $636,150 |
| AK | KETCHIKAN GATEWAY | $636,150 |
| AK | KODIAK ISLAND | $636,150 |
| AK | KUSILVAK CENSUS AREA | $636,150 |
| AK | LAKE AND PENINSULA | $636,150 |
| AK | MATANUSKA-SUSITNA | $636,150 |
| AK | NOME | $636,150 |
| AK | NORTH SLOPE | $636,150 |
| AK | NORTHWEST ARCTIC | $636,150 |
| AK | PETERSBURG CENSUS AREA | $636,150 |
| AK | PRINCE OF WALES-HYDER | $636,150 |
| AK | SITKA | $636,150 |
| AK | SKAGWAY MUNICIPALITY | $636,150 |
| AK | SOUTHEAST FAIRBANKS | $636,150 |
| AK | VALDEZ-CORDOVA | $636,150 |
| AK | WRANGELL | $636,150 |
| CITY/BOROUGH | ||
| AK | YAKUTAT CITY | $636,150 |
| AK | YUKON-KOYUKUK | $636,150 |
| CA | ALAMEDA | $636,150 |
| CA | ALPINE | $463,450 |
| CA | CONTRA COSTA | $636,150 |
| CA | EL DORADO | $488,750 |
| CA | LOS ANGELES | $636,150 |
| CA | MARIN | $636,150 |
| CA | MONO | $529,000 |
| CA | MONTEREY | $575,000 |
| CA | NAPA | $636,150 |
| CA | NEVADA | $477,250 |
| CA | ORANGE | $636,150 |
| CA | PLACER | $488,750 |
| CA | SACRAMENTO | $488,750 |
| CA | SAN BENITO | $636,150 |
| CA | SAN DIEGO | $612,950 |
| CA | SAN FRANCISCO | $636,150 |
| CA | SAN LUIS OBISPO | $586,600 |
| CA | SAN MATEO | $636,150 |
| CA | SANTA BARBARA | $636,150 |
| CA | SANTA CLARA | $636,150 |
| CA | SANTA CRUZ | $636,150 |
| CA | SOLANO | $431,250 |
| CA | SONOMA | $595,700 |
| CA | VENTURA | $636,150 |
| CA | YOLO | $488,750 |
| CO | ADAMS | $493,350 |
| CO | ARAPAHOE | $493,350 |
| CO | BOULDER | $529,000 |
| CO | BROOMFIELD | $493,350 |
| CO | CLEAR CREEK | $493,350 |
| CO | DENVER | $493,350 |
| CO | DOUGLAS | $493,350 |
| CO | EAGLE | $636,150 |
| CO | ELBERT | $493,350 |
| CO | GARFIELD | $636,150 |
| CO | GILPIN | $493,350 |
| CO | HINSDALE | $427,800 |
| CO | JEFFERSON | $493,350 |
| CO | LAKE | $625,500 |
| CO | OURAY | $425,500 |
| CO | PARK | $493,350 |
| CO | PITKIN | $636,150 |
| CO | ROUTT | $625,500 |
| CO | SAN MIGUEL | $625,500 |
| CO | SUMMIT | $625,500 |
| CT | FAIRFIELD | $601,450 |
| DC | DISTRICT OF COLUMBIA | $636,150 |
| FL | COLLIER | $450,800 |
| FL | MONROE | $529,000 |
| GA | GREENE | $515,200 |
| GU | GUAM | $636,150 |
| HI | HAWAII | $636,150 |
| HI | HONOLULU | $721,050 |
| HI | KALAWAO | $657,800 |
| HI | KAUAI | $713,000 |
| HI | MAUI | $657,800 |
| ID | BLAINE | $625,500 |
| ID | CAMAS | $625,500 |
| ID | LINCOLN | $625,500 |
| ID | TETON | $636,150 |
| MA | BRISTOL | $426,650 |
| MA | DUKES | $636,150 |
| MA | ESSEX | $598,000 |
| MA | MIDDLESEX | $598,000 |
| MA | NANTUCKET | $636,150 |
| MA | NORFOLK | $598,000 |
| MA | PLYMOUTH | $598,000 |
| MA | SUFFOLK | $598,000 |
| MD | ANNE ARUNDEL | $517,500 |
| MD | BALTIMORE | $517,500 |
| MD | BALTIMORE CITY | $517,500 |
| MD | CALVERT | $636,150 |
| MD | CARROLL | $517,500 |
| MD | CHARLES | $636,150 |
| MD | FREDERICK | $636,150 |
| MD | HARFORD | $517,500 |
| MD | HOWARD | $517,500 |
| MD | MONTGOMERY | $636,150 |
| MD | PRINCE GEORGE’S | $636,150 |
| MD | QUEEN ANNE’S | $517,500 |
| MP | NORTHERN ISLAND | $524,400 |
| MP | SAIPAN | $529,000 |
| MP | TINIAN | $532,450 |
| NC | CAMDEN | $625,500 |
| NC | CURRITUCK | $458,850 |
| NC | GATES | $458,850 |
| NC | HYDE | $483,000 |
| NC | PASQUOTANK | $625,500 |
| NC | PERQUIMANS | $625,500 |
| NE | LINCOLN | $433,660 |
| NE | LOGAN | $433,660 |
| NE | MCPHERSON | $433,660 |
| NH | ROCKINGHAM | $598,000 |
| NH | STRAFFORD | $598,000 |
| NJ | BERGEN | $636,150 |
| NJ | ESSEX | $636,150 |
| NJ | HUDSON | $636,150 |
| NJ | HUNTERDON | $636,150 |
| NJ | MIDDLESEX | $636,150 |
| NJ | MONMOUTH | $636,150 |
| NJ | MORRIS | $636,150 |
| NJ | OCEAN | $636,150 |
| NJ | PASSAIC | $636,150 |
| NJ | SOMERSET | $636,150 |
| NJ | SUSSEX | $636,150 |
| NJ | UNION | $636,150 |
| NY | BRONX | $636,150 |
| NY | DUTCHESS | $636,150 |
| NY | KINGS | $636,150 |
| NY | NASSAU | $636,150 |
| NY | NEW YORK | $636,150 |
| NY | ORANGE | $636,150 |
| NY | PUTNAM | $636,150 |
| NY | QUEENS | $636,150 |
| NY | RICHMOND | $636,150 |
| NY | ROCKLAND | $636,150 |
| NY | SUFFOLK | $636,150 |
| NY | WESTCHESTER | $636,150 |
| PA | PIKE | $636,150 |
| RI | BRISTOL | $426,650 |
| RI | KENT | $426,650 |
| RI | NEWPORT | $426,650 |
| RI | PROVIDENCE | $426,650 |
| RI | WASHINGTON | $426,650 |
| TN | CANNON | $466,900 |
| TN | CHEATHAM | $466,900 |
| TN | DAVIDSON | $466,900 |
| TN | DICKSON | $466,900 |
| TN | HICKMAN | $466,900 |
| TN | MACON | $466,900 |
| TN | MAURY | $466,900 |
| TN | ROBERTSON | $466,900 |
| TN | RUTHERFORD | $466,900 |
| TN | SMITH | $466,900 |
| TN | SUMNER | $466,900 |
| TN | TROUSDALE | $466,900 |
| TN | WILLIAMSON | $466,900 |
| TN | WILSON | $466,900 |
| UT | SALT LAKE | $600,300 |
| UT | SUMMIT | $636,150 |
| UT | TOOELE | $600,300 |
| VA | ALBEMARLE | $437,000 |
| VA | ALEXANDRIA | $636,150 |
| VA | AMELIA | $535,900 |
| VA | ARLINGTON | $636,150 |
| VA | BUCKINGHAM | $437,500 |
| VA | CAROLINE | $535,900 |
| VA | CHARLES CITY | $535,900 |
| VA | CHARLOTTESVILLE | $437,000 |
| VA | CHESAPEAKE | $458,850 |
| VA | CHESTERFIELD | $535,900 |
| VA | CLARKE | $636,150 |
| VA | COLONIAL HEIGHTS | $535,900 |
| VA | CULPEPER | $636,150 |
| VA | CUMBERLAND | $535,900 |
| VA | DINWIDDIE | $535,900 |
| VA | FAIRFAX | $636,150 |
| VA | FAIRFAX INDEPENDENT CITY | $636,150 |
| VA | FALLS CHURCH | $636,150 |
| VA | FAUQUIER | $636,150 |
| VA | FLUVANNA | $458,850 |
| VA | FREDERICKSBURG | $636,150 |
| VA | GLOUCESTER | $458,850 |
| VA | GOOCHLAND | $535,900 |
| VA | GREENE | $437,000 |
| VA | HAMPTON | $458,850 |
| VA | HANOVER | $535,900 |
| VA | HENRICO | $535,900 |
| VA | HOPEWELL | $535,900 |
| VA | ISLE OF WIGHT | $458,850 |
| VA | JAMES CITY | $458,850 |
| VA | KING AND QUEEN | $535,900 |
| VA | KING WILLIAM | $535,900 |
| VA | LANCASTER | $442,750 |
| VA | LOUDOUN | $636,150 |
| VA | LOUISA | $535,900 |
| VA | MANASSAS | $636,150 |
| VA | MANASSAS PARK | $636,150 |
| VA | MATHEWS | $458,850 |
| VA | NELSON | $437,000 |
| VA | NEW KENT | $535,900 |
| VA | NEWPORT NEWS | $458,850 |
| VA | NORFOLK | $458,850 |
| VA | PETERSBURG | $535,900 |
| VA | POQUOSON | $458,850 |
| VA | PORTSMOUTH | $458,850 |
| VA | POWHATAN | $535,900 |
| VA | PRINCE GEORGE | $535,900 |
| VA | PRINCE WILLIAM | $636,150 |
| VA | RAPPAHANNOCK | $636,150 |
| VA | RICHMOND INDEPENDENT CITY | $535,900 |
| VA | SPOTSYLVANIA | $636,150 |
| VA | STAFFORD | $636,150 |
| VA | SUFFOLK | $458,850 |
| VA | SURRY | $458,850 |
| VA | SUSSEX | $535,900 |
| VA | VIRGINIA BEACH | $458,850 |
| VA | WARREN | $636,150 |
| VA | WILLIAMSBURG | $458,850 |
| VA | YORK | $458,850 |
| VI | ST. CROIX | $636,150 |
| VI | ST. JOHN | $636,150 |
| VI | ST. THOMAS | $636,150 |
| WA | KING | $592,250 |
| WA | PIERCE | $592,250 |
| WA | SAN JUAN | $483,000 |
| WA | SNOHOMISH | $592,250 |
| WV | JEFFERSON | $636,150 |
| WY | TETON | $636,150 |
Regional Mortgage Middle Data:
Cleveland, OH
Division of Veterans Affairs
VA Regional Mortgage Middle
1240 East Ninth Avenue
Cleveland, OH 44199
http://advantages.va.gov/cleveland/regional-loan-center.asp
Denver, CO
Division of Veterans Affairs
VA Regional Mortgage Middle
155 Van Gordon Avenue
Lakewood, CO 80228
(Mail: Field 25126, Denver, CO 80225)
http://www.advantages.va.gov/denver/regional-loan-center.asp
Honolulu, HI
Division of Veterans Affairs
VA Regional Workplace
Mortgage Warranty Division (26)
459 Patterson Rd.
Honolulu, HI 96819
*Though not an RLC, this workplace is a totally functioning Mortgage Warranty operation for Hawaii.
http://www.advantages.va.gov/honolulu/regional-loan-center.asp
Phoenix, AZ
Division of Veterans Affairs
VA Regional Mortgage Middle
3333 N. Central Avenue
Phoenix, AZ 85012-2402
http://www.advantages.va.gov/phoenix/regional-loan-center.asp
Roanoke, VA
Division of Veterans Affairs
VA Regional Mortgage Middle
210 First Avenue
Roanoke, VA 24011
Mailing Tackle:
116 N. Jefferson Avenue
Roanoke, VA 24016
http://www.advantages.va.gov/roanoke/regional-loan-center.asp
St. Petersburg, FL
Division of Veterans Affairs
VA Regional Mortgage Middle
9500 Bay Pines Blvd.
St. Petersburg, FL 33708
(Mail: P.O. Field 1437, St. Petersburg, FL 33731)
http://www.advantages.va.gov/stpetersburg/regional-loan-center.asp