Bill eliminating VA loan cap signed into law
Lawmakers eliminate the cap rather than raise loan fees to fund veteran benefits
The Department of Veterans Affairs can now back VA loans that exceed the conforming loan limit, as a bill eliminating this cap was signed into law by President Donald Trump on Tuesday night.
The Blue Water Navy Vietnam Veterans Act allows homebuyers to borrow above the 2019 limit of $484,350 for most counties without any down payment.
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