VA Loans in San Diego County

There is not a maximum amount that an eligible veteran may borrow using a VA guaranteed loan.  However, the VA does set limits to the amount they will guarantee.  Effective February 2014, the maximum guarantee from the VA in San Diego County is 25% of $546,250.

If 100% financing is not enough, there are even more benefits for veterans in San Diego applying for VA loans.

  • Your VA loan is assumable, assuming the person assuming the loan is also qualified.
  • Their are no prepayment penalties if you choose to pay off your loan early.
  • If you ever find you are having problems making your payments, you have the VA behind you offering additional assistance.

Active military, retired military, and sometimes surviving spouses are eligible to get a VA loan.  You can check your eligibility by checking www.benefits.va.gov/homeloans/elig2.asp.

If you would like to know more about VA loans, contact Gary Harmon who can refer you to a VA specialist.