VA has increased the loan limits used to calculate VA’s maximum guaranty amount to $458,850 throughout most of the counties in Hampton Roads. These limits apply to all loans closed February 28, 2014, through December 31, 2014.
To determine the 2014 Revised Loan Limit for your county, visit http://www.benefits.va.gov/HOMELOANS/documents/docs/2014_county_loan_limits.pdf
For more information, contact a licensed mortgage professional.
