First United Bank & Trust

Phone: 210-619-2690

Email: JGuidry@FirstUnitedBank.com

Texas VA Loan Limits

While there is technically no limit set by the VA for mortgage loan amount, there is a limit to what the VA will guarantee, which is a quarter (1/4th) of the loan amount. For a fully entitled borrower, this is $36,000, meaning the home loan should be $144,000 or less. However, due to the housing market, the VA has determined a secondary entitlement amount to keep in line with the conforming loan limits set by Fannie Mae and Freddie Mac, of up to an additional $68,250. This brings the total allowed entitlement to $104,250 ($36,000 + $68,250) as the maximum guarantee by the VA. This means that a borrower can generally get a home loan for up to $417,000 ($104,240 x 4) without a down payment requirement. This amount is adjusted for “high cost” areas, by county, throughout the country.

More often than not if your home is over the VA loan limit in Texas, you will need to adjust and prepare for providing a down payment. The loan limit is set to allow a fully qualified VA borrower a zero down payment option on their home purchase only if it’s within the loan limit for the county set by the VA. If your home purchase is over the limit set by the Department of Veterans Affairs, you may need to provide a percentage down on your home.

In the state of Texas, there are currently no counties with a maximum loan limit above the standard $417,000.

VA Loan Pre-Approval in TexasTexas VA Lender

Jennifer Guidry with Affiliated Mortgage offers VA loan and VA refinancing in the state of Texas, including San Antonio, Austin, Houston, Dallas and beyond. Feel free to look over VA loan eligibility requirements on our website, or if you are ready to get a free quote on a VA loan in Texas, simply fill out our secure online application today. As a Texas VA lender, Jennifer Guidry has helped many veterans into the home of their dreams. Contact her today with any questions!

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Patriot Act Agreement:
In accordance with Federal regulations set forth in the USA Patriot Act, First United Bank Mortgage is required to verify the identity of any person applying for a mortgage loan to the extent reasonable and practicable, and maintain records of the information used to verify their identity. During your mortgage loan application process, we will require your name, current and past home addresses, date of birth, and other identifying information about you.