How many vets will take advantage of this. And how many Realtors will have the info to help them take advantage of the Blue Water Navy Vietnam Veterans Act of 2019?
Starting Jan. 1, any veteran who wants to take advantage of the VA's "zero-down payment" loan program will be able to do so, even in areas with high housing costs where veterans have historically been required to make a 25% down payment.
Under current law, the VA's maximum loan guarantee amount is calculated as a percentage of the Federal Home Loan Mortgage Corporation Act (Freddie Mac) limit, which is $484,350 for most counties.
More @ New Law Increases VA Home Loan Limits, Funding Fees
