Hawaii Randy's Real Estate Opinions: 2014 VA Loan Limits Increased for Honolulu County

2014 VA Loan Limits Increased for Honolulu County

It has been announced that the 2014 VA loan limit for 100% financing for Honolulu County (Oahu) has been increased to $721,050.  

This raiMilitary Logosses it from the earlier announced $625,500 which was a decrease from 2013.  A online news article this morning on Hawaii Reporter with a statement from Senator Schatz, confirmed the rumours we started hearing over the weekend. 

The earlier decision appeared to be a huge mistake by all standards.  The cost of housing on Oahu has been increasing.  The military has recognized that by giving our troops stationed on Oahu large increases in the 2013 and 2014 BAH (Basic Allowance for Housing).

This is exciting news for not only active duty soldiers and their families, but for our civilians who have served their countrty and will be depending on this benefit to be able to own a piece of the soil they protected.

To get more information on how to use you VA benefit to purchase a home on Oahu (Honolulu County), please check out our website dedicated to assiting verterans www.VA808.com.  We sponsor free seminars to train you in the use of the VA benefit.

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 2 commentsRandy Prothero • March 03 2014 11:52AM

Comments

Best loan in the country. 

Posted by Lenn Harley, Real Estate Broker - Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) over 4 years ago

Absolutely!  We still have some lenders tell veterans they have a better deal.  I tell my clients, if anyone tells you that they are lying.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 4 years ago

This blog does not allow anonymous comments