Wednesday, January 4, 2012

2019 Kentucky VA County Loan Limits

New Loan Limits for VA Mortgage Loans in Kentucky for 2019

Fannie Mae has just announced an increase to County Loan Limits for 2019 in Kentucky. Effective Thursday November 29th, will allow FNMA loans to be locked using the 2019 Loan Limits.

The new loan limits are listed below. Individual Kentucky County Loan Limits for 2019 can be found on Fannie Mae's Loan Limit Look-Up Table HERE.

Loan limits: VA does not impose a maximum amount that an eligible veteran may borrow using a VA-guaranteed

loan; however loan limits establish the maximum possible guaranty on a loan. The maximum guaranty amount

(available for loans over $144,000) is 25 percent of the 2012 Kentucky VA Limit shown below. A veteran with full

entitlement available may borrow up to the limit shown below and VA will guarantee 25 percent of the loan amount.

If a veteran has previously used entitlement that has not been restored, the maximum guaranty amount available to

that veteran is reduced accordingly. Lenders should check their own investor requirements regarding guaranty

amounts and down payments.