Great news for veterans: Most VA loans now have no maximum limit! Here’s what you need to know about your borrowing power with a VA loan.
The Basics: No Limits for Most Veterans
If you have full VA entitlement, there’s no cap on your loan amount. You can borrow what you qualify for based on your income and credit – no down payment needed!
Do You Have Full Entitlement?
You likely do if:
- You’ve never used a VA loan before
- You’ve paid off your previous VA loan and sold that home
- Another eligible veteran assumed your VA loan
What Affects Your Borrowing Power?
Even without limits, lenders look at:
- Your income and monthly debts
- Credit score
- The home’s value
- Your VA entitlement amount
Already Used Your VA Loan?
If you’ve used your VA loan before and have partial entitlement:
- Your limit depends on your county’s loan limits
- You might need a down payment for loans over $144,000
- You can check your county’s limits on the FHFA website
Why Veterans Love VA Loans
- No down payment required (with full entitlement)
- Competitive interest rates
- No monthly mortgage insurance
- Flexible credit requirements
Have Remaining Entitlement?
Don’t worry! You can:
- Use it to buy another home
- Restore it by selling your current home
- Have multiple VA loans at once (in some cases)
Quick Tip: Your loan amount can’t be more than the home’s appraised value, even with full entitlement.
Next Steps
Ready to explore your VA loan options? We’ll help you:
- Check your entitlement status
- Calculate your borrowing power
- Find the loan terms right for you
- Navigate the VA loan process
Call: 833-984-2471
Disclosures:
Intelliloan, Inc. NMLS ID # 3290. For licensing information, go to: www.nmlsconsumeraccess.org. Intelliloan is located at 500 N. State College Blvd. Suite 1400, Orange, CA 92868. Call toll free at: (888) 417-8562. Loan program restrictions apply. Loan subject to verification, credit approval, and acceptable collateral. This is not a credit decision, an offer, or a commitment to lend. Your rate, fees, and other terms will depend on various factors. By refinancing the consumer’s existing loan, the consumer’s total finance charges may be higher over the life of the loan. Intelliloan, Inc. is a FHA/VA approved lender and is not acting on behalf of or at the direction of FHA/VA or the Federal government. Not available in all states. All rights reserved. © 2025. Equal Housing Lender.
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