Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

No Limit On Home Price With A VA Home Loan
October 22, 2020
The maximum VA loan for veterans to buy with no down payment was $625,500 last year. This year, the Veterans Administration blew the minds of everyon in the mortgage business when they removed the cap, and said the VA will guarantee any loan, of any amount, and require no money down payment.
You may now buy a $1.5Million house, if you have the income to qualify, with zero down payment. Is a $2Million house more to your liking? You can buy it with zero down and have a mortgage interest rate of 2.5%-2.875%, over 1.5% lower than conventional jumbo loans that require a 20% down payment."Oh, but Markita, wouldn't a 20% down payment save us money in the long run?" A 20% down payment on a $2Million loan is $400,000. Chances are you don't let $400,000 languish in your checking account, collecting no interest. You likely have that money invested for growth in stocks or a mutual fund. I don't know about you, but my mutual funds have been giving me a 7%-9% annual return, reliably and predically over the past ten years. Would you seriously withdraw $400,000 from an investment paying 7%-9% to save 2.5%-2.875% in house payments? Think ... more

__________________________________________________
Are you on The Rain? Grow Your Network!