Originally Posted by
full of luv
Well the VA loan limit in King, Pierce and Snohomish counties is $517,500 with 0 down, so if you have some equity to put down, you'll do fine, otherwise with 20% down on a $700k loan
You are correct, the maximum 100% financing VA limits have increased to $517,500 for the counties you noted above.
You can borrow more than $517,500, but have to put down 25% of the difference per VA guidelines.
For example, a $700K house, you are required per VA to put down $700K - $517,500 = $182,500 x 25% = $45,625.