Great news coning out of the Veterans Affairs office today. Hawaii VA Loan limits have been bumped back up. The Department of Veterans Affairs informed us earlier today of the increased limit on all VA loans for the Counties of Honolulu, Maui and Kauai. The following are the new and guarantee limits –
- Honolulu’s : $721,050
- Maui’s : $657,800
- Kauai’s : $713,000
The initial loan limit that was announced for 2014 last year in December was 625,500 for all three counties. As we are all aware the cost-of-living around these areas are notably high, and for that reason it would be hard for veterans to purchase homes in those specific Counties. We were hoping for an increased and now that we’ve got it, we are excited to see how The Department of Veterans Affairs was able to help and respond for all the veterans that have earned every single dollar through their service time for this country.
If you have any questions in regards to VA Loans and the new increased limit for them, please feel free to contact Tiare Fullerton at 808-347-1028.