County Limits
VA home loans are primarily designed to allow veterans to purchase a home without any down payment, however the Department of Veteran's Affairs does follow the Federal Housing Finance Agency's limits for each county in terms of how much liability they can assume.

While the VA does not set a limit as to how much one can finance, they do limit their liability which ultimately determines how much a VA borrower can finance without a down payment.

Thus if a Veteran chooses to purchase a home that exceeds the county limit in which the house is located, then there will be a down payment requirement of 25% of the amount over the county limit.

Example:
Purchase price: $650,000
County limit: $612,950
Down payment requirement: $9,263 ($650,000-$612,950)/4

The following are the county purchase price limits without a down payment as of January 1, 2017.


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