The VA IRRRL program helps you refinance your current loan to either secure a lower interest rate or change the term. No matter your reason for refinancing, the VA is very strict about your maximum loan amount. While the amount might be slightly higher than your current loan amount, it won’t be much higher. Get […]
Are There Limits to the VA Loan Amounts?
Updated January 2018 The restriction on VA loan amounts can seem complicated, because, in reality, there is no maximum loan amount according to the VA. What is limited is the amount of the loan that the VA will guarantee, which typically affects the decision of the lender regarding how much money they are willing to […]