Va Max Loan Amount Calculation

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Using VA Form 26-8923 to Determine the Maximum Loan Amount. You’ll need to start with the outstanding balance of your current loan. If you plan to add any energy efficient costs to your loan amount, you’ll add that amount to your current loan balance. From that amount, you’ll deduct any money you bring to the table.

VA home loans have their own unique suite of approval. The definition of available credit is the amount of outstanding credit accounts compared to the credit limit assigned to the account and.

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But the veteran can indeed take advantage of his VA benefit using his remaining entitlement amount. In this example, the maximum VA loan would be four times $11,000, or $44,000. If the remaining entitlement were $20,000, the maximum loan amount would then be $80,000.