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New Law Increases VA Home Loan Limits, Funding Fees

July 21, 2019

From the Military.com website

A law signed by President Donald Trump on June 25 to provide compensation to ill veterans who served on Navy ships in Vietnam also made several changes to Department of Veterans Affairs-backed home loans for all eligible veterans.

Starting January 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.

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