retirement accounts, and investments to determine if you qualify and how much they will lend you. While the VA does not require veterans meet a minimum credit score, the lender may have requirements, so be sure to shop around and find a lender that meets you where you are.
Loan Limits and Entitlement
As of Jan. 1, 2020, there are no maximum limits for a VA home loan over $144,000 for eligible veterans, service members, and survivors, provided they have full entitlement to their VA loan—meaning they have met one of the following criteria: • Have never used their VA benefits to apply for a mortgage • Have paid their previous VA loan in full and sold the home • Have used their VA home loan benefit but had a foreclosure or compromise claim (also called a short sale) and repaid the VA in full. Your only limitation is how much of a mortgage you can afford and how much money the lending agency will loan you based on your finances.
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