Veterans Administration (VA) Increases Home Loan Limits

What happened: The Veterans Administration (VA) has increased the loan limits used to calculate VA’s maximum guaranty amount to $458,850 (previously $417,000) to most counties in Hampton Roads. These limits apply to all loans closed between February 28 and December 31, 2014. To see the updated loan limits, check out the announcement. What the news means for home buyers The Read more about Veterans Administration (VA) Increases Home Loan Limits[…]