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lilredbaumer

Seaman
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Everything posted by lilredbaumer

  1. The $36,000 entitlement is the amount of the Guarantee in case you default. The typical VA loan limit is the same as the conforming loan which is $417,000. The amount can be higher if you are in a designated county or there are VA Jumbos as well but you will need 25% down. Your lender can get you Certificate of Eligibility all you need is to get them your Member 4 copy of your DD-214. Your funding fee is waived being your service connected disability is 10% or more. A friend, family member, or Realtor of choice can recommend a licensed mortgage professional be sure to check their license here. The VA loan is the best loan program out there.
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