2020 VA Loan Amount & FICO Changes
2020 VA Loan Amount & FICO Changes
- VA Loan Amounts are increasing for 2020
- VA FICO Minimums are changing for 2020
Effective immediately, VA loans can be locked using the new 2020 loan amounts, but the loans cannot close/fund earlier than 1/1/2020.
Please refer to the VA Loan Limits and Funding Fee Changes for 2020 Quick Reference Guide on the HUB for more details.
Loan Amount | Minimum FICO |
< $750,000 | 580 (normal guidelines apply) |
$ Up to County Limit | 580 (normal guidelines apply) |
$750,000 - $999,999 | 620 |
$1,000,000 - $1,499,999 | 680 |
$1,500,000 – $2,000,000 | 700 |
2020 VA LOAN AMOUNT W/FICO CHANGES
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