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
Is No Down Payment too Good to be True?
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?