A VA-guaranteed loan is a loan made by private lenders (such as banks, savings & loans, or mortgage companies) to eligible veterans.
Ocean County VA Loan Limits*
Although VA guaranteed loans do not have a maximum dollar amount, lenders who sell their VA loans in the secondary market must limit the size of those loans to the maximums prescribed by GNMA (Ginnie Mae) which are listed below.
Search for Homes in Ocean County
- Barnegat $636,150
- Beachwood $636,150
- Bricktown $424,100
- Forked River $636,150
- Lanoka Harbor $636,150
- Manahawkin $636,150
- Pine Beach $636,150
- Point Pleasant $424,100
- PP Beach $636,150
- Stafford $424,100
- Toms River $636,150
- Waretown $636,150
Veterans Administration Regional Loan Center
Some Highlights:
- Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership.
- So far in 2017, $188 billion has been loaned to veterans and their families through the program.
- VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.
As always, thank you for your time and feel free to get in touch if you have any questions about buying, selling or investing in real estate in Ocean County. Karl Hess, Keller Williams Shore Properties - #1 Real Estate Office in Ocean County
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