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Using your 2011 VA Home Loan Benefit in San Diego, part 1 - Purchase a home
 
Using your 2011 VA Home Loan Benefit in San Diego, part 1 - Purchase a home
The VA Home Loan benefit is a great opportunity for San Diego Veterans and Active Duty Military to purchase a home or condo.  We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways to use them to your benefit.
VA Loans require zero downpayment up to $537,500 in San Diego and throughout San Diego County for 2011.
VA Loans - zero downpayment required up to $417,000 VA Jumbo Loans - zero downpayment required up to $537,500 (aka VA High Balance) VA Jumbo Loans up to $1.5M (with downpayment/equity) San Diego VA Loans are available up to $537,500 with zero downpayment required.  The San Diego VA Loan Limit in 2011 is $537,500.   However,Veterans are not limited to the San Diego County Loan limit of $537,500 for VA Loans.   We offer VA Jumbo Loans up to $1.5 Million with the appropriate downpayment or equity to reach the VA Guarantee requirements of 25% of the loan amount. Here is one of our posts on how you can get a VanDyk Mortgage VA Loan over your county limit.
Here are a ... more

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