VA Loan Limits Increase in Northern Virginia on January 1, 2011
December 14th, 2010 Categories: Mortgage Update
On January 1, 2011, the VA loan limits will increase in Northern Virginia and the greater DC area.
The maximum no money down VA loan is increasing to $818,750 from the current limit of $768,750, assuming the borrower has full eligibility.
It’s worth remembering that veterans can have more than one VA loan at a time. Veterans can do the second loan with no down payment if they meet eligibility requirements.
Questions? Call me at 703.927.4554.
Michael
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