They're BACK!   

Maximum Guaranty Limits for August  6, 2012 to December 31, 2012

$838,750 0% down option!

Includes: Fairfax, Faquier, Falls Church, Prince William, Spotsylvania, Stafford, Fredericksburg, Loudoun

The Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 has been signed into law.  The Act includes a number of changes to the Department of Veterans Affairs’ (VA) Loan Guaranty program, including reverting back to the previous method of calculating maximum guaranty. This resulted in some loan limits increasing.  While VA does not have a maximum loan amount, the following county “limits” must be used to calculate VA’s maximum guaranty amount for a particular county.  These limits apply to all loans closed August 6, 2012 through December 31, 2012.  

Calendar year 2013 county loan limits will be posted once VA receives median price data from the Federal Housing Finance Agency (FHFA).  Typically this information is received in November of each year.  Should the loan limit for a 

county decrease in 2013, VA will guarantee a loan using the previous higher limit if there is proof of a pre-approval based on a sales contract or URLA executed on or before December 31, 2012.  

The maximum guaranty amount (available for loans over $144,000) is 25 percent of the 2012 VA Limit shown below.  Therefore, a veteran with full entitlement available may borrow up to the 2012 VA 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 must be reduced accordingly.  Lenders should check their own investor requirements regarding guaranty amounts and down payments.    

Check it out at:

www.benefits.va.gov/homeloans/docs/...t_2012.pdf

Call us with questions, or contact Susan Wallace at 571 283-2337. 

 

What Makes VR SAM® Different?

“VR SAM® has been there” and experienced more Military moves than we care to remember.  But we do “remember” the “Good and Not so Good “Realtor experiences and we believe our Military Family clients deserve the Very Best!

We believe in the mission our Military Families support and are grateful for the opportunity to do our part with top quality relocation Realtor services.

VR SAM® offers our purchaser clients an industry leading credit from our commission at settlement. 

VR SAM® offers our seller clients extremely competitive listing rates, and listing options to save them even more money.

Contact VR SAM® today and experience the difference!    homesformilitary@vrsam.com   703 754-3036  

Visit us at:  www.vrsam.com

Veteran Realty Serving America’s Military, Inc., VR SAM®,  is a partnership of retired Military Officers and Spouses, all Military Realtors, serving Military Families purchasing or selling homes in the Northern Virginia region including Fairfax County, Prince William County, Loudoun County, Fauquier County, Stafford County, Arlington, Spotsylvania County and Alexandria,  Many of our purchaser clients are PCSing to the Pentagon, NRO, Fort Belvoir, Fort Meyer, Anacostia, Bolling  AFB, Andrews AFB, Navy Yard, Quantico, Coast Guard Headquarters, and other NOVA military installations.   VR SAM also serves a large number of defense contractor employees and Federal Employees from the FBI, NCIS, CIA and other agencies.  VR SAM is a leading advocate for the improvement of home owner benefits for Military Families.  Call VR SAM today to learn about our industry leading purchaser client credit and competitive listing programs and rates. 

VR SAM owns and operates this MORE SAM website and from .  MORE SAM™ is a free advertising site for homeowners and Realtors® who wish to expose their properties to the Military Housing Market.  MORE SAM™ also offers excellent advertising opportunities for Realtors® wishing to increase their visibility to Military Families moving to or from over 400 military installations worldwide.  

VR SAM is affiliated with Spring Hill Real Estate, 1604 Spring Hill Road, Suite 201/Vienna, VA 22182  703.552.3111