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Who is a VA Loan Specialist?

What is max loan with 0% D.P.?

  • May 26 2012 - Grants Pass
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Answers (4)

All points are accurate with regard to eligibility and county limits.  In addition you will need to qualify based on your debt to income ratios.  Typically for government loans including VA loans, only the back end ratio is evaluated meaning the ratio of all mortgages, credit cards, revolving or other unsecured debt over current gross income, and the typical threshold is 50%.  Below this is typically acceptable however in some cases this may drop to 45% if you don't exceed the VA residual income test by more than 20% which is a bit too detailed for this thread.  Feel free to reach out via zillow if I can help in greater detail. 
  • November 12 2014
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Jimmy is 100% correct here.  There is a formula based on your COE and the loan so you should probably contact one of us or all of us on this thread to see what your options are.  I always recommend a couple of  opinions.
  • August 08 2014
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Hi 

My name is Jimmy Vercellino and I am a Marine Corps Veteran and Mortgage Banker specializing in VA Home Loans while serving Active Duty Military and Veterans since 2005. 

The answer to your question is… it depends. 

I say this because VA has different loan limits for different counties. However for most counties in the United States the typically VA Loan limit with no down payment is $417,000 however again, it could vary dependent upon county. 

That said, if I can be of additional service or answer any other questions please don't hesitate to let me know. 

Semper Fidelis, 
Jimmy Vercellino 
  • August 06 2014
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$417k with VA or USDA Rural... Technically there is no limit on USDA just as long as you earn under the set limit and your debt to income ratios fall in line the the max ratios allowed... Typically 29% housing and 42% overall.
  • May 26 2012
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