2024 Zero Down VA home loans with NO upper Loan Limits
Started in 2020 VA will no longer require a down payment on a house because the value is higher than the conforming loan limit. Zero Down VA loans NO loan limit Jan 1st 2020.
Jan 1st 2024 conforming loan limit is $766,550. You buy a house for $1,200,000+ with your VA eligibility and it is ZERO down
Loan Fee Rates for Loans Closing On or After April 7, 2023 and prior to November 14, 2031
VA Purchase or Construction Loan
| Down Payment Amount | Funding Fee Percentage | |
| First Use | Less than 5% | 2.15% |
| 5% or more | 1.5% | |
| 10% or more | 1.25% | |
| Subsequent Use | Less than 5% | 3.3% |
| 5% or more | 1.5% | |
| 10% or more | 1.25% |
VA Cash-Out Refinance
| Funding Fee Percentage | |
| First Use | 2.15% |
| Subsequent Use | 3.3% |
VA IRRRLs
| Loan Type F | Funding Fee Percentage |
| Interest Rate Reduction Refinance Loan (IRRRls) | 0.5% |
The Funding fee can be paid upfront or rolled into your loan.
VA Loan Low Credit Score ZERO DOWN LOAN 500 Minimum Credit
VA IRRRL / Rate Reduction No Credit Score Required
