Va Jumbo Loans Home Loan Limits for 2008

<h1>Va Jumbo Loans Home Loan Limits for 2008</h1>Author: <a title="Josh Klenda" href="http://www.articlesbase.com/authors/josh-klenda/91287.htm">Josh Klenda</a> 
VA Loan Limits for 2009 The update VA loan limits have been updated a distributed by the VA. The chart below represents the maximum 100% VA loan limit by county for 2009. All other counties not listed below will remain at the conforming limit of $417,000. Please keep in mind that it is still possible through VA to get a home loan above and beyond these current limits. However, a 25% down payment is required on the difference. For example, if a qualified veteran borrower purchases a house for $600,000 the minimum required down payment would be calculated as such: 1. $600,000 (Purchase Price) minus the $417,000 (maximum 100% limit for a normal cost area) = $183,000 2. 25% of $183,000 is $45,750, or just 7.6% of the purchase price 3. The applicable VA funding fee over the $417,000 limit would need to either be paid by the veteran borrower or seller. <a href="http://www.smartvaloans.com/loanlimits.php">VA Loan Limits for 2009</a> – for 100% financing STATE COUNTY 2009 VA LIMIT Alaska ALEUTIANS EAST $ 625,500.00 Alaska ALEUTIANS WEST $ 625,500.00 Alaska ANCHORAGE $ 625,500.00 Alaska BETHEL $ 625,500.00 Alaska BRISTOL BAY $ 625,500.00 Alaska DENALI $ 625,500.00 Alaska DILLINGHAM $ 625,500.00 Alaska FAIRBANKS NORTH $ 625,500.00 Alaska HAINES $ 625,500.00 Alaska JUNEAU $ 625,500.00 Alaska KENAI PENINSULA $ 625,500.00 Alaska KETCHIKAN GATEWAY $ 625,500.00 Alaska KODIAK ISLAND $ 625,500.00 Alaska LAKE AND PENINSULA $ 625,500.00 Alaska MATANUSKA-SUSITNA $ 625,500.00 Alaska NOME $ 625,500.00 Alaska NORTH SLOPE $ 625,500.00 Alaska NORTHWEST ARCTIC $ 625,500.00 Alaska PRINCE OF WALES $ 625,500.00 Alaska SITKA $ 625,500.00 Alaska SKAGWAY-HOONAH-ANGOO $ 625,500.00 Alaska SOUTHEAST FAIRBANKS $ 625,500.00 Alaska VALDEZ-CORDOVA $ 625,500.00 Alaska WADE HAMPTON $ 625,500.00 Alaska WRANGELL-PETERS $ 625,500.00 Alaska YAKUTAT CITY $ 625,500.00 Alaska YUKON-KOYUKUK $ 625,500.00 California ALAMEDA $1,094,625.00 California ALPINE $ 503,750.00 California CONTRA COSTA $1,094,625.00 California EL DORADO $ 516,250.00 California LOS ANGELES $ 737,500.00 California MARIN $1,094,625.00 California MONO $ 575,000.00 California MONTEREY $ 525,000.00 California NAPA $ 643,750.00 California NEVADA $ 518,750.00 California ORANGE $ 737,500.00 California PLACER $ 516,250.00 California SACRAMENTO $ 516,250.00 California SAN BENITO $ 937,500.00 California SAN DIEGO $ 593,750.00 California SAN FRANCISCO $1,094,625.00 California SAN LUIS OBISPO $ 610,000.00 California SAN MATEO $1,094,625.00 California SANTA BARBARA $ 656,250.00 California SANTA CLARA $ 937,500.00 California SANTA CRUZ $ 805,000.00 California SOLANO $ 435,000.00 California SONOMA $ 566,250.00 California VENTURA $ 650,000.00 California YOLO $ 516,250.00 Colorado BOULDER $ 437,500.00 Colorado EAGLE $ 887,500.00 Colorado GARFIELD $ 450,000.00 Colorado HINSDALE $ 460,000.00 Colorado LAKE $ 887,500.00 Colorado OURAY $ 456,250.00 Colorado PITKIN $1,094,625.00 Colorado ROUTT $ 690,000.00 Colorado SAN MIGUEL $ 962,500.00 Colorado SUMMIT $ 785,000.00 Connecticut FAIRFIELD $ 556,250.00 District of Columbia DISTRICT OF COLUMBIA $ 812,500.00 Florida COLLIER $ 487,500.00 Florida MONROE $ 575,000.00 Georgia GREENE $ 560,000.00 Guam GUAM $ 625,500.00 Hawaii HAWAII $ 625,500.00 Hawaii HONOLULU $ 783,750.00 Hawaii KALAWAO $ 656,250.00 Hawaii KAUAI $ 775,000.00 Hawaii MAUI $ 681,250.00 Idaho BLAINE $ 497,500.00 Idaho TETON $1,000,000.00 Massachusetts BARNSTABLE $ 441,250.00 Massachusetts BRISTOL $ 463,750.00 Massachusetts DUKES $ 736,250.00 Massachusetts ESSEX $ 506,250.00 Massachusetts MIDDLESEX $ 506,250.00 Massachusetts NANTUCKET $1,094,625.00 Massachusetts NORFOLK $ 506,250.00 Massachusetts PLYMOUTH $ 506,250.00 Massachusetts SUFFOLK $ 506,250.00 Maryland ANNE ARUNDEL $ 537,500.00 Maryland BALTIMORE $ 537,500.00 Maryland BALTIMORE CITY $ 537,500.00 Maryland CALVERT $ 812,500.00 Maryland CARROLL $ 537,500.00 Maryland CHARLES $ 812,500.00 Maryland FREDERICK $ 812,500.00 Maryland HARFORD $ 537,500.00 Maryland HOWARD $ 537,500.00 Maryland MONTGOMERY $ 812,500.00 Maryland PRINCE GEORGE'S $ 812,500.00 Maryland QUEEN ANNE'S $ 537,500.00 MP NORTHERN ISLAND $ 570,000.00 MP ROTA $ 446,250.00 MP SAIPAN $ 575,000.00 MP TINIAN $ 578,750.00 North Carolina CAMDEN $ 812,500.00 North Carolina CURRITUCK $ 498,750.00 North Carolina DARE $ 425,000.00 North Carolina HYDE $ 525,000.00 North Carolina PASQUOTANK $ 812,500.00 North Carolina PERQUIMANS $ 812,500.00 New Hampshire ROCKINGHAM $ 506,250.00 New Hampshire STRAFFORD $ 506,250.00 New Jersey BERGEN $ 747,500.00 New Jersey CAPE MAY $ 450,000.00 New Jersey ESSEX $ 747,500.00 New Jersey HUDSON $ 747,500.00 New Jersey HUNTERDON $ 747,500.00 New Jersey MIDDLESEX $ 747,500.00 New Jersey MONMOUTH $ 747,500.00 New Jersey MORRIS $ 747,500.00 New Jersey OCEAN $ 747,500.00 New Jersey PASSAIC $ 747,500.00 New Jersey SOMERSET $ 747,500.00 New Jersey SUSSEX $ 747,500.00 New Jersey UNION $ 747,500.00 New York BRONX $ 747,500.00 New York KINGS $ 747,500.00 New York NASSAU $ 747,500.00 New York NEW YORK $ 747,500.00 New York PUTNAM $ 747,500.00 New York QUEENS $ 747,500.00 New York RICHMOND $ 747,500.00 New York ROCKLAND $ 747,500.00 New York SUFFOLK $ 747,500.00 New York WESTCHESTER $ 747,500.00 Pennsylvania PIKE $ 747,500.00 Rhode Island BRISTOL $ 463,750.00 Rhode Island KENT $ 463,750.00 Rhode Island NEWPORT $ 463,750.00 Rhode Island PROVIDENCE $ 463,750.00 Rhode Island WASHINGTON $ 463,750.00 Tennessee CANNON $ 427,500.00 Tennessee CHEATHAM $ 427,500.00 Tennessee DAVIDSON $ 427,500.00 Tennessee DICKSON $ 427,500.00 Tennessee HICKMAN $ 427,500.00 Tennessee MACON $ 427,500.00 Tennessee ROBERTSON $ 427,500.00 Tennessee RUTHERFORD $ 427,500.00 Tennessee SMITH $ 427,500.00 Tennessee SUMNER $ 427,500.00 Tennessee TROUSDALE $ 427,500.00 Tennessee WILLIAMSON $ 427,500.00 Tennessee WILSON $ 427,500.00 Utah DAVIS $ 423,750.00 Utah MORGAN $ 423,750.00 Utah SALT LAKE $ 652,500.00 Utah SUMMIT $ 652,500.00 Utah TOOELE $ 652,500.00 Utah WEBER $ 423,750.00 Virginia ALBEMARLE $ 475,000.00 Virginia ALEXANDRIA $ 812,500.00 Virginia AMELIA $ 582,500.00 Virginia ARLINGTON $ 812,500.00 Virginia CAROLINE $ 582,500.00 Virginia CHARLES CITY $ 582,500.00 Virginia CHARLOTTESVILLE $ 475,000.00 Virginia CHESAPEAKE $ 498,750.00 Virginia CHESTERFIELD $ 582,500.00 Virginia CLARKE $ 812,500.00 Virginia COLONIAL HEIGHT $ 582,500.00 Virginia CUMBERLAND $ 582,500.00 Virginia DINWIDDIE $ 582,500.00 Virginia FAIRFAX $ 812,500.00 Virginia FAIRFAX IND $ 812,500.00 Virginia FALLS CHURCH $ 812,500.00 Virginia FAUQUIER $ 812,500.00 Virginia FLUVANNA $ 475,000.00 Virginia FREDERICKSBURG $ 812,500.00 Virginia GLOUCESTER $ 498,750.00 Virginia GOOCHLAND $ 582,500.00 Virginia GREENE $ 475,000.00 Virginia HAMPTON $ 498,750.00 Virginia HANOVER $ 582,500.00 Virginia HENRICO $ 582,500.00 Virginia HOPEWELL $ 582,500.00 Virginia ISLE OF WIGHT $ 498,750.00 Virginia JAMES CITY $ 498,750.00 Virginia KING AND QUEEN $ 582,500.00 Virginia KING WILLIAM $ 582,500.00 Virginia LANCASTER $ 481,250.00 Virginia LOUDOUN $ 812,500.00 Virginia LOUISA $ 582,500.00 Virginia MANASSAS $ 812,500.00 Virginia MANASSAS PARK $ 812,500.00 Virginia MATHEWS $ 498,750.00 Virginia NELSON $ 475,000.00 Virginia NEW KENT $ 582,500.00 Virginia NEWPORT NEWS $ 498,750.00 Virginia NORFOLK $ 498,750.00 Virginia PETERSBURG $ 582,500.00 Virginia POQUOSON $ 498,750.00 Virginia PORTSMOUTH $ 498,750.00 Virginia POWHATAN $ 582,500.00 Virginia PRINCE GEORGE $ 582,500.00 Virginia PRINCE WILLIAM $ 812,500.00 Virginia RICHMOND IND $ 582,500.00 Virginia SPOTSYLVANIA $ 812,500.00 Virginia STAFFORD $ 812,500.00 Virginia SUFFOLK $ 498,750.00 Virginia SURRY $ 498,750.00 Virginia SUSSEX $ 582,500.00 Virginia VIRGINIA BEACH $ 498,750.00 Virginia WARREN $ 812,500.00 Virginia WILLIAMSBURG $ 498,750.00 Virginia YORK $ 498,750.00 VI ST. CROIX $ 625,500.00 VI ST. JOHN $ 677,500.00 VI ST. THOMAS $ 625,500.00 Washington KING $ 550,000.00 Washington PIERCE $ 550,000.00 Washington SAN JUAN $ 525,000.00 Washington SNOHOMISH $ 550,000.00 West Virginia JEFFERSON $ 812,500.00 Wyoming TETON $1,000,000.00 What are the benefits of a <a href="http://www.smartvaloans.com/loanlimits.php" target="_new">VA Jumbo loan</a>? 1. No punitive interest rate increase under VA Jumbo loans. Unlike conventional and FHA jumbo loans that can carry up to a full 1% increase or more; this can save you thousands of dollars. 2. No monthly mortgage insurance premiums (PMI) which are required on most mortgages without a 20% down payment which will save you hundreds of dollars per year. 3. Little to no down payment required, so you can keep more money in the bank. 4. VA Jumbo loans do not require perfect credit. About the Author: Josh is one of the top VA loan officer's in the nation. He has close in excess of $50,000,000 (328 units) in the past 6 years. He currently works for BMS, a subsidiary of 1st National Bank with the ability to lend nationwide.Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> - <a href="http://www.articlesbase.com/mortgage-articles/va-jumbo-loans-home-loan-limits-for-2008-719350.html" title="Va Jumbo Loans Home Loan Limits for 2008">Va Jumbo Loans Home Loan Limits for 2008</a>

VA Loan Limits for 2009

The update VA loan limits have been updated a distributed by the VA. The chart below represents the maximum 100% VA loan limit by county for 2009. All other counties not listed below will remain at the conforming limit of $417,000.

Please keep in mind that it is still possible through VA to get a home loan above and beyond these current limits. However, a 25% down payment is required on the difference. For example, if a qualified veteran borrower purchases a house for $600,000 the minimum required down payment would be calculated as such:

1. $600,000 (Purchase Price) minus the $417,000 (maximum 100% limit for a normal cost area) = $183,000

2. 25% of $183,000 is $45,750, or just 7.6% of the purchase price

3. The applicable VA funding fee over the $417,000 limit would need to either be paid by the veteran borrower or seller.

VA Loan Limits for 2009 – for 100% financing

STATE

COUNTY

2009 VA LIMIT

Alaska

ALEUTIANS EAST

$ 625,500.00

Alaska

ALEUTIANS WEST

$ 625,500.00

Alaska

ANCHORAGE

$ 625,500.00

Alaska

BETHEL

$ 625,500.00

Alaska

BRISTOL BAY

$ 625,500.00

Alaska

DENALI

$ 625,500.00

Alaska

DILLINGHAM

$ 625,500.00

Alaska

FAIRBANKS NORTH

$ 625,500.00

Alaska

HAINES

$ 625,500.00

Alaska

JUNEAU

$ 625,500.00

Alaska

KENAI PENINSULA

$ 625,500.00

Alaska

KETCHIKAN GATEWAY

$ 625,500.00

Alaska

KODIAK ISLAND

$ 625,500.00

Alaska

LAKE AND PENINSULA

$ 625,500.00

Alaska

MATANUSKA-SUSITNA

$ 625,500.00

Alaska

NOME

$ 625,500.00

Alaska

NORTH SLOPE

$ 625,500.00

Alaska

NORTHWEST ARCTIC

$ 625,500.00

Alaska

PRINCE OF WALES

$ 625,500.00

Alaska

SITKA

$ 625,500.00

Alaska

SKAGWAY-HOONAH-ANGOO

$ 625,500.00

Alaska

SOUTHEAST FAIRBANKS

$ 625,500.00

Alaska

VALDEZ-CORDOVA

$ 625,500.00

Alaska

WADE HAMPTON

$ 625,500.00

Alaska

WRANGELL-PETERS

$ 625,500.00

Alaska

YAKUTAT CITY

$ 625,500.00

Alaska

YUKON-KOYUKUK

$ 625,500.00

California

ALAMEDA

$1,094,625.00

California

ALPINE

$ 503,750.00

California

CONTRA COSTA

$1,094,625.00

California

EL DORADO

$ 516,250.00

California

LOS ANGELES

$ 737,500.00

California

MARIN

$1,094,625.00

California

MONO

$ 575,000.00

California

MONTEREY

$ 525,000.00

California

NAPA

$ 643,750.00

California

NEVADA

$ 518,750.00

California

ORANGE

$ 737,500.00

California

PLACER

$ 516,250.00

California

SACRAMENTO

$ 516,250.00

California

SAN BENITO

$ 937,500.00

California

SAN DIEGO

$ 593,750.00

California

SAN FRANCISCO

$1,094,625.00

California

SAN LUIS OBISPO

$ 610,000.00

California

SAN MATEO

$1,094,625.00

California

SANTA BARBARA

$ 656,250.00

California

SANTA CLARA

$ 937,500.00

California

SANTA CRUZ

$ 805,000.00

California

SOLANO

$ 435,000.00

California

SONOMA

$ 566,250.00

California

VENTURA

$ 650,000.00

California

YOLO

$ 516,250.00

Colorado

BOULDER

$ 437,500.00

Colorado

EAGLE

$ 887,500.00

Colorado

GARFIELD

$ 450,000.00

Colorado

HINSDALE

$ 460,000.00

Colorado

LAKE

$ 887,500.00

Colorado

OURAY

$ 456,250.00

Colorado

PITKIN

$1,094,625.00

Colorado

ROUTT

$ 690,000.00

Colorado

SAN MIGUEL

$ 962,500.00

Colorado

SUMMIT

$ 785,000.00

Connecticut

FAIRFIELD

$ 556,250.00

District of Columbia

DISTRICT OF COLUMBIA

$ 812,500.00

Florida

COLLIER

$ 487,500.00

Florida

MONROE

$ 575,000.00

Georgia

GREENE

$ 560,000.00

Guam

GUAM

$ 625,500.00

Hawaii

HAWAII

$ 625,500.00

Hawaii

HONOLULU

$ 783,750.00

Hawaii

KALAWAO

$ 656,250.00

Hawaii

KAUAI

$ 775,000.00

Hawaii

MAUI

$ 681,250.00

Idaho

BLAINE

$ 497,500.00

Idaho

TETON

$1,000,000.00

Massachusetts

BARNSTABLE

$ 441,250.00

Massachusetts

BRISTOL

$ 463,750.00

Massachusetts

DUKES

$ 736,250.00

Massachusetts

ESSEX

$ 506,250.00

Massachusetts

MIDDLESEX

$ 506,250.00

Massachusetts

NANTUCKET

$1,094,625.00

Massachusetts

NORFOLK

$ 506,250.00

Massachusetts

PLYMOUTH

$ 506,250.00

Massachusetts

SUFFOLK

$ 506,250.00

Maryland

ANNE ARUNDEL

$ 537,500.00

Maryland

BALTIMORE

$ 537,500.00

Maryland

BALTIMORE CITY

$ 537,500.00

Maryland

CALVERT

$ 812,500.00

Maryland

CARROLL

$ 537,500.00

Maryland

CHARLES

$ 812,500.00

Maryland

FREDERICK

$ 812,500.00

Maryland

HARFORD

$ 537,500.00

Maryland

HOWARD

$ 537,500.00

Maryland

MONTGOMERY

$ 812,500.00

Maryland

PRINCE GEORGE'S

$ 812,500.00

Maryland

QUEEN ANNE'S

$ 537,500.00

NORTHERN ISLAND

$ 570,000.00

ROTA

$ 446,250.00

SAIPAN

$ 575,000.00

TINIAN

$ 578,750.00

North Carolina

CAMDEN

$ 812,500.00

North Carolina

CURRITUCK

$ 498,750.00

North Carolina

DARE

$ 425,000.00

North Carolina

HYDE

$ 525,000.00

North Carolina

PASQUOTANK

$ 812,500.00

North Carolina

PERQUIMANS

$ 812,500.00

New Hampshire

ROCKINGHAM

$ 506,250.00

New Hampshire

STRAFFORD

$ 506,250.00

New Jersey

BERGEN

$ 747,500.00

New Jersey

CAPE MAY

$ 450,000.00

New Jersey

ESSEX

$ 747,500.00

New Jersey

HUDSON

$ 747,500.00

New Jersey

HUNTERDON

$ 747,500.00

New Jersey

MIDDLESEX

$ 747,500.00

New Jersey

MONMOUTH

$ 747,500.00

New Jersey

MORRIS

$ 747,500.00

New Jersey

OCEAN

$ 747,500.00

New Jersey

PASSAIC

$ 747,500.00

New Jersey

SOMERSET

$ 747,500.00

New Jersey

SUSSEX

$ 747,500.00

New Jersey

UNION

$ 747,500.00

New York

BRONX

$ 747,500.00

New York

KINGS

$ 747,500.00

New York

NASSAU

$ 747,500.00

New York

NEW YORK

$ 747,500.00

New York

PUTNAM

$ 747,500.00

New York

QUEENS

$ 747,500.00

New York

RICHMOND

$ 747,500.00

New York

ROCKLAND

$ 747,500.00

New York

SUFFOLK

$ 747,500.00

New York

WESTCHESTER

$ 747,500.00

Pennsylvania

PIKE

$ 747,500.00

Rhode Island

BRISTOL

$ 463,750.00

Rhode Island

KENT

$ 463,750.00

Rhode Island

NEWPORT

$ 463,750.00

Rhode Island

PROVIDENCE

$ 463,750.00

Rhode Island

WASHINGTON

$ 463,750.00

Tennessee

CANNON

$ 427,500.00

Tennessee

CHEATHAM

$ 427,500.00

Tennessee

DAVIDSON

$ 427,500.00

Tennessee

DICKSON

$ 427,500.00

Tennessee

HICKMAN

$ 427,500.00

Tennessee

MACON

$ 427,500.00

Tennessee

ROBERTSON

$ 427,500.00

Tennessee

RUTHERFORD

$ 427,500.00

Tennessee

SMITH

$ 427,500.00

Tennessee

SUMNER

$ 427,500.00

Tennessee

TROUSDALE

$ 427,500.00

Tennessee

WILLIAMSON

$ 427,500.00

Tennessee

WILSON

$ 427,500.00

Utah

DAVIS

$ 423,750.00

Utah

MORGAN

$ 423,750.00

Utah

SALT LAKE

$ 652,500.00

Utah

SUMMIT

$ 652,500.00

Utah

TOOELE

$ 652,500.00

Utah

WEBER

$ 423,750.00

Virginia

ALBEMARLE

$ 475,000.00

Virginia

ALEXANDRIA

$ 812,500.00

Virginia

AMELIA

$ 582,500.00

Virginia

ARLINGTON

$ 812,500.00

Virginia

CAROLINE

$ 582,500.00

Virginia

CHARLES CITY

$ 582,500.00

Virginia

CHARLOTTESVILLE

$ 475,000.00

Virginia

CHESAPEAKE

$ 498,750.00

Virginia

CHESTERFIELD

$ 582,500.00

Virginia

CLARKE

$ 812,500.00

Virginia

COLONIAL HEIGHT

$ 582,500.00

Virginia

CUMBERLAND

$ 582,500.00

Virginia

DINWIDDIE

$ 582,500.00

Virginia

FAIRFAX

$ 812,500.00

Virginia

FAIRFAX IND

$ 812,500.00

Virginia

FALLS CHURCH

$ 812,500.00

Virginia

FAUQUIER

$ 812,500.00

Virginia

FLUVANNA

$ 475,000.00

Virginia

FREDERICKSBURG

$ 812,500.00

Virginia

GLOUCESTER

$ 498,750.00

Virginia

GOOCHLAND

$ 582,500.00

Virginia

GREENE

$ 475,000.00

Virginia

HAMPTON

$ 498,750.00

Virginia

HANOVER

$ 582,500.00

Virginia

HENRICO

$ 582,500.00

Virginia

HOPEWELL

$ 582,500.00

Virginia

ISLE OF WIGHT

$ 498,750.00

Virginia

JAMES CITY

$ 498,750.00

Virginia

KING AND QUEEN

$ 582,500.00

Virginia

KING WILLIAM

$ 582,500.00

Virginia

LANCASTER

$ 481,250.00

Virginia

LOUDOUN

$ 812,500.00

Virginia

LOUISA

$ 582,500.00

Virginia

MANASSAS

$ 812,500.00

Virginia

MANASSAS PARK

$ 812,500.00

Virginia

MATHEWS

$ 498,750.00

Virginia

NELSON

$ 475,000.00

Virginia

NEW KENT

$ 582,500.00

Virginia

NEWPORT NEWS

$ 498,750.00

Virginia

NORFOLK

$ 498,750.00

Virginia

PETERSBURG

$ 582,500.00

Virginia

POQUOSON

$ 498,750.00

Virginia

PORTSMOUTH

$ 498,750.00

Virginia

POWHATAN

$ 582,500.00

Virginia

PRINCE GEORGE

$ 582,500.00

Virginia

PRINCE WILLIAM

$ 812,500.00

Virginia

RICHMOND IND

$ 582,500.00

Virginia

SPOTSYLVANIA

$ 812,500.00

Virginia

STAFFORD

$ 812,500.00

Virginia

SUFFOLK

$ 498,750.00

Virginia

SURRY

$ 498,750.00

Virginia

SUSSEX

$ 582,500.00

Virginia

VIRGINIA BEACH

$ 498,750.00

Virginia

WARREN

$ 812,500.00

Virginia

WILLIAMSBURG

$ 498,750.00

Virginia

YORK

$ 498,750.00

ST. CROIX

$ 625,500.00

ST. JOHN

$ 677,500.00

ST. THOMAS

$ 625,500.00

Washington

KING

$ 550,000.00

Washington

PIERCE

$ 550,000.00

Washington

SAN JUAN

$ 525,000.00

Washington

SNOHOMISH

$ 550,000.00

West Virginia

JEFFERSON

$ 812,500.00

Wyoming

TETON

$1,000,000.00

What are the benefits of a VA Jumbo loan?

1. No punitive interest rate increase under VA Jumbo loans. Unlike conventional and FHA jumbo loans that can carry up to a full 1% increase or more; this can save you thousands of dollars.

2. No monthly mortgage insurance premiums (PMI) which are required on most mortgages without a 20% down payment which will save you hundreds of dollars per year.

3. Little to no down payment required, so you can keep more money in the bank.

4. VA Jumbo loans do not require perfect credit.

Josh is one of the top VA loan officer's in the nation. He has close in excess of $50,000,000 (328 units) in the past 6 years. He currently works for BMS, a subsidiary of 1st National Bank with the ability to lend nationwide.

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Article Tags: Va Jumbo Loans, Va Home Loan Limits, Va Maximum Loan Limits, Va Loan Limits 2009, Va Jumbo Home Loan, California Va Loan Limits, Virginia Va Loan Limits, Maryland Va Loan Limits

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CitiMortgage Loss Mitigation Refinance or Modification Approval

By: MPetrone | 25/11/2009
Homeowners everywhere are losing their home to foreclosure and mortgage default. Mortgage refinancing and modification though may prevent many people from losing their home. New Government programs designed to help struggling homeowners are now in effect.

Bank of America Mortgage Refinance and Modification is Easy with Obamas Stimulus Plan

By: MPetrone | 25/11/2009
Bank of America is able to offer struggling homeowners a mortgage refinancing or modification option which will allow them to save money, and their home. This is all possible because of President Obamas "Making Home Affordable" program. This plan is funded with over $75 billion all destined to help homeowners get a better, affordable, mortgage. Here is how it works, and what Bank of America can do for homeowners in all types of bad situations.

The Governments Mortgage Bailout Plan

By: MPetrone | 25/11/2009
With the financial problems that millions of homeowners are facing, foreclosure and mortgage default are at all time highs. To counteract this, the Obama administration has enabled a $75 billion stimulus program to bailout homeowners, and stop homes from being lost. Millions of homeowners can now use these programs and get a mortgage refinance or modification for themselves. Here is how it works.

When and Why Should I Refinance a Mortgage?

By: MPetrone | 25/11/2009
Mortgage refinancing can save a homeowner a lot of money over the course of the loan. However, this is only a good thing to do if it is done properly, and at the right time. Here is some basic advice as to when to get a refinance, and how to ensure you do not get ripped off.

Mortgage Deals - Mortgage Tips to Help You get the Mortgage You Need

By: hardeepsingh | 25/11/2009
During the time present are many several number of 1% mortgage investment, present are really merely two most important sign to achievements with a 1% mortgage advance.

VA Refinance Options for Home Owners - IRRLS and Cashout

By: Josh Klenda | 23/09/2009 | Mortgage
Today’s mortgage lending environment is becoming more and more difficult for borrower to get approved for mortgage refinance transactions. Since the housing market began to turn lenders have started to tighten up their underwriting standards making it harder for borrower to get approved. Fortunately, for veteran borrowers they have two very flexible transaction options to ease the approval process through their own VA home loan program.

Va Jumbo Home Loan Limits for 2008

By: Josh Klenda | 11/11/2008 | Mortgage
VA home loan new Jumbo limit now at $729,750 for Purchase transactions high cost areas!

Va Home Loans and Guidelines for Bankruptcy and Foreclosures

By: Josh Klenda | 29/10/2008 | Mortgage
I receive a lot of VA loan questions in regards to bankruptcies (BK) and foreclosures. Most of the time the questions are determining how long a borrower has to wait after their bankruptcy before they become eligible for a VA loan? Or is there anything they can do while they wait to help their chances of getting approved for a VA loan once the waiting period is up.

Va Home Loans With 100% Financing for Veterans and Active Military Members

By: Josh Klenda | 27/10/2008 | Mortgage
Information on the VA Home loan program including some of the main benefits. The VA home loan is one of the best mortgage programs out there at a time where financing in general is tough to obtain.