There was a big announcement in December from the VA. The conforming loan limit for 2018 increased $29,000, setting the new limit at $453,100 for most parts of the country. This is the second increase seen since 2006. This means a buyer using their VA loan benefit can purchase a home up to $453,100 in most parts of the country without making a down payment. The loan limit … [Read more...] about VA Loan Limits Increase for 2018
No down payment requirement is far and away one of the VA loan program's most notable benefits. But it's also a perk that many believe is too good to be true. "What's the catch?" "How much is that going to cost me?" Let's put those suspicions to rest with a thorough discussion of the VA loan program, and an explanation of why VA loans don't require a down payment. All … [Read more...] about Is No Down Payment too Good to be True?