by VA. •Additional assistance is offered by VA should veterans have problems making their home loan payments in the future. •Prepayment of the loan without a penalty. Here are some quick facts you may find useful concerning purchase transactions: •VA does not have a maximum loan amount. However, lenders do sell loans on the secondary mortgage market, so they will generally limit loans to $417000 ($625500 in Hawaii, Guam, Alaska and US Virgin Islands) with no down payment. With a down payment ...
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