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  • Tel: (651) 552-3681
    Email: Loans@VAMortgageMN.com

  • VA jumbo loans

  • YES – You CAN Buy a Home OVER $484,350 with a VA Mortgage Loan

    VA Home loans are zero down payment up to $484,350 in MN, WI, and SD.  If you wish you buy a more expensive home with a VA loan, you will need a small down payment.

    The exact formula to determined the VA down payment is a bit more complicated, but the simple quick math is you’ll need about 25% of the difference between the purchase price, and $484,350 plus your VA funding fee.

    So if you were to buy a $553,000 home. There is a $68,650 difference over the zero down maximum $484,350 loan. Therefore you’ll need a down payment of about $17,162. plus your VA funding fee (if applicable).