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Old 01-14-2019, 02:55 PM   #1
ksk
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VA Loan

I have some questions about a VA loan.Is there a limit on how much one can borrow? Also, I have heard that some sellers refuse to accept a VA loan from the buyer at closing.Is it because the seller has to pay more than a conventional loan? If so,is there anything the buyer can agree to pay at closing where as they could use a VA loan?
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Old 01-20-2019, 10:29 PM   #2
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Old 01-20-2019, 10:37 PM   #3
LarryG
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There is a limit. Not sure of the exact amount but I think somewhere around $550,000. VA does not allow the buyer to pay certain closing costs, but these costs are normally paid by the seller anyway. Should not be much difference to seller whether VA, FHA, or conventional closing cost wise.
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