ALT EXAMPLE - REAL ESTATE - HOME BUYER'S GUIDE - Flipbook - Page 9
VA
VA (Veterans Affairs) Loans: these loans are available to
active duty, retirees, veterans or surviving spouses of the
U.S. Military who meet program restrictions.
JUMBO
A loan is considered “jumbo” if the amount of the mortgage
exceeds loan-servicing limits set by Fannie Mae and Freddie
Mac — 2019 limits are $484,350 for a single-family home in
all states (except Hawaii and Alaska and a few federally
designated high-cost markets, where the limit is $726,525).
CONSTRUCTION
Contact a WVBK loan officer today to see if you qualify for
construction financing.
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