We recently wrote about the Temporary Increase in Maximum Loan Guaranty Amount for Certain Housing Loans Guaranteed by the Secretary of Veterans Affairs for loans originated from July 30, 2008 through December 31st, 2008.

We are pleased to announce that the VA has extended this through December 31st, 2009.

Here is the exact VA information as presented: Maximum Guaranty Amounts for Loans Originated After January 1, 2009.

For all locations in the United States other than Alaska and Hawaii, the maximum guaranty amount is 25% of the greater of: (a) $417,000 or (b) 125 percent of the area median price for a single-family residence, up to $729,750.

So how do you find out if you can get a $0 down loan for up to $729,750? Simply go to The home page of VALoans.com

Scroll down to VA Loan Lending Limits. Click on the desired state and the information comes up for each county. The results for the single family home allows for an eligible Veteran to purchase a new VA home loan with $0 up to that amount.

This only applies to new houses and does not cover cash out refinances or streamline refinances.

While there seems to be confusion in the marketplace, our company, is currently originating VA Home loans with these guidelines Nationwide.