va loans at the lowest rates: VA Loans For Veterans Have New Max Loan Limits
- 10/08/20 11:45 AM
Over the decades since the Veterans Administration (VA) began guaranteeing 100% of veteran loans against default, the VA has posted a maximum loan limit. When I started selling real estate in April 1990, the VA loan limit for the Washington DC metro area was $184,250. Back in those days a buyer could buy a 2-story, 4 BR, 2.5 BA, 2-car garage house on 1/4 - 1/2 acre lot, within a 45 minute commute from the Pentagon. As home prices increased over the decades, the VA increased the amount of the loan limit. Those days are over. Here's a quote from the VA … (1 comments)
Over the decades since the Veterans Administration (VA) began guaranteeing 100% of veteran loans against default, the VA has posted a maximum loan limit. When I started selling real estate in April 1990, the VA loan limit for the Washington DC metro area was $184,250. Back in those days a buyer could buy a 2-story, 4 BR, 2.5 BA, 2-car garage house on 1/4 - 1/2 acre lot, within a 45 minute commute from the Pentagon.
;)
;)
;)
