The Mortgage Brothers Show
VA loan limit update for 2021
$0 down up to $1.2 million
Today we are talking about VA home loan limits for 2021.
Part of this is reminding people of the VA home loan change that happened in 2020. That’s because the loan limit hasn’t really changed and that’s because…
The VA has no loan limit. And you can put as little as zero-interest down and still get awesome financing terms.
Now, a bit of a disclaimer, some banks might have a limit they hold you to. But there are banks that are fine with up to $1.2 million dollars. So, if you’ve been thinking about a jumbo loan or a large loan, you’ll definitely want to take advantage of your VA eligibility. If you are, the best thing you can give your lender is your VA certificate of eligibility, which you can get off the VA benefits website. A lot of you already know where to find it, but if you need any help, we can help you get that. Don’t worry if it doesn’t make much sense. Just forward it along to us and we’ll interpret it and help you sort it all out.
Thanks for listening and reading the Mortgage Brothers Show. Let us know if you have any questions you’d like us to answer on this podcast. You can email your questions to Tom@AZMortgageBrothers.com or Eddie@AZMortgageBrothers.com.
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Signature Home Loans LLC does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Signature Home Loans NMLS 1007154, NMLS #210917 and 1618695. Equal housing lender.