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722 - VA Loans: How Eligibility & Funding Works in 2022 by Elizabeth Colegrove

BiggerPockets Daily

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How Much Property Will the VA Loan Allow You to Purchase With No Down Payment?

The lowest total amount is $417,000 for a single family. The VA location list to check eligibility can be found in a link at biggerpockets.com right inside this article. While there is no PMI in regard to the VA loan, there is a funding fee. This helps cover the costs of the loan and for those who default. There's not a universal rule for the entire country.

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