Zero Down VA home loans with NO upper Loan Limits in 2021

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 1^st 2020.

Jan 1^st 2021 conforming loan limit is $548,250.  You buy a house for $700,000+ with your VA eligibility and it is ZERO down.

VA funding fees Effective January 1, 2020

VA-backed purchase loans
First time use:
2.30%    Less than 5% Down Payment
1.65%    5% or more Down Payment
1.40%    10% or more Down Payment

After first use:
3.60%    Less than 5% Down Payment
1.65%    5% or more Down Payment
1.40%    10% or more Down Payment

VA-backed cash out refinancing loans
First time use:     2.30%
After first use:     3.60%

VA-Interest Rate Reduction Refinancing Loans (IRRRLs)
First time use:     0.50%
After first use:     0.50%

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
• VA Loan – Manual Underwrite – 500 Minimum Score
• NO Overlay Lender