2009 Idaho VA County Loan Limits. The Department of Veteran Affairs’ Loan Guaranty program does not impose a maximum amount that an eligible veteran may borrow using a VA-guaranteed loan. However, the following county limits must be used to calculate VA’s maximum guaranty amount for a particular county.
The maximum guaranty amount available for loans over $144,000 is 25 percent of the 2009 VA Limit shown below. So a veteran with full entitlement available may borrow up to the 2009 VA Limit shown below and VA will guarantee 25 percent of the loan amount.
2009 Idaho VA Loan Limits:
Single Family
$417,000
The counties that fall into the above VA Loan Limit are as follows: Ada, Adams, Bannock, Bear Lake, Benewah, Bingham, Boise, Bonner, Bonneville, Boundary, Butte, Camas, Canyon, Caribou, Cassia, Clark, Clearwater, Custer, Elmore, Franklin, Fremont, Gem, Gooding, Idaho, Jefferson, Jerome, Kootenai Latah, Lemhi, Lewis, Lincoln, Madison, Minidoka, Nez Perce, Oneida, Owyhee, Payette, Power, Shoshone, Twin Falls, Valley, Washington.
Single Family Blaine County – 2009 VA Limit is $497,500
Single Family Teton County – 2009 VA Limit is $1,000,000
If you have any questions pertaining to VA loans please give me a call.
Andy Radke
Hyperion Capital Group
Mortgage Consultant
Direct: 208-859-5825
LoanswithAndy@gmail.com
Top 10 Boise Idaho Mortgage Links/Articles/Questions
1. Idaho VA 100% Home Financing Frequently Asked Questions
2. How do I obtain an Idaho 100% VA Home Loan?
3. Idaho VA 100% Home Financing Loans for Boise and Mountain Home areas
4. Idaho FHA and VA Manufactured Loan programs for refinancing and purchasing homes
5. Idaho FHA Reverse Mortgage
6. Jumbo Mortgage Financing for Boise, Idaho Properties
7. Conventional Home Loans For Boise Idaho Borrowers
8. VA Mortgage Loans in Boise Idaho
9. Boise Idaho Reverse Mortgage Senior Loans
10. FHA Mortgage Loans in Boise Idaho
[...] to purchase or construct a home, additional entitlement up to an amount equal to 25 percent of the Idaho VA county loan limit for a single family home may be available . This means that qualified veterans could get a no down [...]
[...] lenders do sell loans on the secondary mortgage market, so they will generally limit loans to the VA County Loan Limits where the property is located. With a down payment, loans may exceed these [...]