2021 $0 down, VA home loan limit for Aleutians East Borough is $822,375.
The Unanga people, who are native to the Aleutian Islands of Alaska are thought to have settled the area of Aleutians East Borough as far back as the most recent ice age. It was not until the eighteenth century with the influx of Russian fur traders that the Aleut people had contact with Europeans. In the early 1900’s Scandinavians and other Europeans flocked to the area because of the abundance of commercial fishing opportunities. The islands, which are located on the most western portion of the Alaskan Peninsula, were a vital territory during World War II. Because of their location, the islands provided strategic benefit to whoever occupied them as a trade route into the pacific. From 1942-1943 Japanese forces took control of the island, until a joint Canadian/American force expelled them.
With a total land area of 6,982 square miles, an estimated 3,092 residents call the Aleutians East Borough home. Around 40 percent of these inhabitants is Aleut. The climate of the area is variable with temperatures ranging from below 0 to 76 degrees Fahrenheit. Annually, the borough experiences 33 inches of precipitation and 52 inches of snowfall.
The local economy remains based in fish processing and commercial fishing. Over 200 residents possess commercial fishing permits. Peter Pan Seafoods, Trident Seafoods and Bering Pacific are all home to fish processing operations.
Places to visit in Aleutians East listed on the National Register of Historic Places include St. Nicholas Chapel, St. Alexander Nevsky Chapel, Port Moller Hot Springs Villag, and the Holy Resurrection Church. In Cold Bay, there is the Izembek National Wildlife Refuge, where you can watch birds, bears, harbor seals, sea lions, and sea otters in their natural habitat.
About 92 veterans live in the borough. The median household income is $58,125, and the median home value is $120,900.
Members of the veteran populous are potentially entitled to a property tax exemption contingent on the presence of two conditions, one) a disability rating of 100 percent and two) a net income below $12,000.
Your Dream Home is Waiting
Contact VA Home Loan Centers to be matched with a licensed real estate agent.
Maximum VA Appraisal Fees Allowable in Aleutian East Borough
- Single Family: $700
- Condominium: $700
- Duplex Family: $850
- Triplex Family: $900
- Fourplex Family: $900
- Repair Inspection: $100
VA Approved Condo
There are currently no VA approved condos in this borough. Click here to have the VA approve a condo, Planned Unit Development (PUD), or Common Interest Community (CIC).
Aleutians East Property Search
Akutan, Belkofski, Cold Bay, Flase Pass, King Cove, Nelson Lagoon, Pauloff Harbor, Sand Point, Ungas
For a complete list of VA homes for sale in Aleutians East, call 888-573-4496.
Links:
- Alaska VA Loan Information: https://www.vahomeloancenters.org/alsaka-va-home-loan-limits/
- VA Loan Information by State: https://www.vahomeloancenters.org/va-loan-limit-maximum-va-loan-amount/
- Aleutians East Borough site: http://www.aleutianseast.org/
