VA Loan Limit

A VA loan limit is the maximum amount the Department of Veterans Affairs guarantees for a loan without requiring a down payment, depending on the property's location. For most areas, this limit is set to ensure lenders are protected, but it doesn’t mean you can't borrow more—if you have strong credit or additional funds, you can often do so. Essentially, it acts as a cap on the VA’s guarantee to help lenders assess their risk, making it easier for eligible veterans and service members to buy homes with little or no down payment in most areas.