VA maximum loan

Mortgage Currentcy™ Calculator – Simplifying the VA Loan Calculation-NEW Mortgage Currentcy™ Calculator!

By: Tracey Rumsey, Staff Writer Mortgage Currentcy™ gets a lot of questions regarding how to calculate the down payment when there is partial eligibility or where sales prices exceed county limits. To help you figure this out, we developed an easy-to-use calculator. Read more to find out why VA lenders will love this! Rule Synopsis: It’s [...]

2018-07-13T13:32:37-05:00July 9th, 2018|

VA – Maximum Loan – Exceeding County Limits: How do you calculate the maximum VA loan when the VA loan exceeds the county limit? [VA Guaranty Calculation Examples Chart]

Answer: Calculations are standard, and all lenders have to do it in the same way since the secondary markets require a 25% guaranty on the loan. We have attached below a Guaranty Example document created by VA that is housed on the Mortgage Currentcy site to use as a reference when doing maximum loan amount [...]

2018-09-25T19:03:32-05:00February 22nd, 2018|