Caliber Home Loans, Inc. wants you to understand how the Blue Water Navy Vietnam Veterans Act of 2019 impacts qualified veterans looking to purchase a home going forward. Click here to view the Act passed by the U.S. Congress. This Act removes the VA Loan cap, significantly impacting the down payment amount required for VA home loan financing.
Historically, VA loan amounts equivalent to the FHFA Conforming Loan Limits required a down payment. This new legislation removes that down payment requirement, paving the way for VA loans without a down payment regardless of the loan size. The result? More military families in more homes nationwide.
To learn more about home financing for military home buyers like you, contact a Caliber Home Loans, Inc. Loan Consultant near you.
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