I do qualify for a VA home loan, is it possible to get approved for a higher loan amount?

Deal Score0

I have done those “mortgage calculators” , most of them say I can afford between 140,000 and 165,000…however the house Im looking at is 180,000. I was just wondering if it could be possible since it is a guaranteed loan to be approved for more….thanks!

1 Comment
  1. Reply
    Dale H
    January 26, 2011 at 7:14 am

    If you are approved through an automated underwriting system on a VA loan, the ratios are waived.

    You need to get with a lender who can run the application for you at the higher price.

    If you would like, you can contact me through the e-mail link in my profile. I would be happy to help if you would like.

    Good luck.

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