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Arkansas VA Home Loan Resources & Information

arkansas va loan

The state of Arkansas has a rich military history dating back to the Revolutionary War and has given birth to such military leaders as Gen. Douglas MacArthur.  Situated between the Ozark Mountains and the Mississippi river, the state is known as The Natural State and offers a wide variety in terrain and geography to homeowners, tourists and outdoors enthusiasts. Granted statehood in 1836, Arkansas is the 25th state. Prior to contact with European explorers, the area was inhabited by multiple indigenous tribes. Expeditions led by Hernando de Soto, Jacques Marquette, Louis Jolliet, Robert La Salle and Henri de Tonti all passed through the area. Arkansas changed possessions between France and Spain before ultimately ending up an American territory following the purchase of the Louisiana Territory. Like many Southern States that economically relied on agricultural production, the local plantation economy of the state bottomed out after the Civil War. Reconstruction was a time of great upheaval for the state.

Today, the economy of Arkansas is built upon a number of industries, including tourism, agriculture, steelworks, aircraft building and a thriving service sector, including the home headquarters of Wal-Mart. Major urban centers are Little Rock, Fort Smith, and Fayetteville. Popular activities in the state include mountain climbing, river paddling, and live music (Riverfest). Arkansas is renowned for its Soul food and barbecue. Fried catfish is also a regional delicacy.

Arkansas is one of the most affordable states in the nation for housing, with a median sale price of $139,000 across the state. The most expensive county by median sales price is Pulaski County, home of the state capital, Little Rock; other counties average well below $100,000 for the average homebuyer. The homeownership rate of 67.2 percent is well above the national average of 16.6 percent, making Arkansas a great place to look for a place to call your own. Home appreciation in the state over the previous twelve months has been 1.10 percent. The cost of living in Arkansas is 16 percent below the U.S. average. The unemployment rate in the state is slightly below the national average.

Disabled veterans in Alaska are eligible for a property tax exemption of up to the first $150,000 of the assessed property value if they are 50 percent or more disabled.

There are three military installations in Arkansas, including:

  • Little Rock Air Force Base, a training and logistics center that is the only base in the country to house the C-130 cargo plane.
  • Camp J. T. Robinson, the principal training ground to the Arkansas Army National Guard and the Arkansas National Guard.
  • Pine Bluff Arsenal, a research and development facility that also is equipped to store chemical weapons.

As of 2012, it was estimated that Arkansas was home to more than 242,000 veterans and 22,539 active duty personnel.

Arkansas VA Home Loan Limits

arkansas va approved homes for saleNOTE: The following is for information purposes only.

To find out the exact dollar amount you qualify for, call the VA Home Loan Centers Applications Support Desk at 888-573-4496 or fill out the VA Home Loan Application located here.

The loan limits below are the maximum 2021, $0 down VA loan amount set for each county. Although there is no maximum loan amount, the maximum no money down VA home loan limits are stated as follows.

  1. Arkansas County: $548,250
  2. Ashley County: $548,250
  3. Baxter County: $548,250
  4. Benton County: $548,250
  5. Boone County: $548,250
  6. Bradley County: $548,250
  7. Calhoun County: $548,250
  8. Carroll County: $548,250
  9. Chicot County: $548,250
  10. Clark County: $548,250
  11. Clay County: $548,250
  12. Cleburne County: $548,250
  13. Cleveland County: $548,250
  14. Columbia County: $548,250
  15. Conway County: $548,250
  16. Craighead County: $548,250
  17. Crawford County: $548,250
  18. Crittenden County: $548,250
  19. Cross County: $548,250
  20. Dallas County: $548,250
  21. Desha County: $548,250
  22. Drew County: $548,250
  23. Faulkner County:  $548,250
  24. Franklin County: $548,250
  25. Fulton County: $548,250
  26. Garland County: $548,250
  27. Grant County: $548,250
  28. Greene County: $548,250
  29. Hempstead County: $548,250
  30. Hot Spring County: $548,250
  31. Howard County: $548,250
  32. Independence County: $548,250
  33. Izard County: $548,250
  34. Jackson County: $548,250
  35. Jefferson County: $548,250
  36. Johnson County: $548,250
  37. Lafayette County: $548,250
  38. Lawrence County: $548,250
  39. Lee County: $548,250
  40. Lincoln County: $548,250
  41. Little River County: $548,250
  42. Logan County: $548,250
  43. Lonoke County: $548,250
  44. Madison County: $548,250
  45. Marion County: $548,250
  46. Miller County: $548,250
  47. Mississippi County: $548,250
  48. Monroe County: $548,250
  49. Montgomery County: $548,250
  50. Nevada County: $548,250
  51. Newton County: $548,250
  52. Ouachita County: $548,250
  53. Perry County: $548,250
  54. Phillips County: $548,250
  55. Pike County: $548,250
  56. Poinsett County: $548,250
  57. Polk County: $548,250
  58. Pope County: $548,250
  59. Prairie County: $548,250
  60. Pulaski County: $548,250
  61. Randolph County: $548,250
  62. Saint Francis County: $548,250
  63. Saline County: $548,250
  64. Scott County: $548,250
  65. Searcy County: $548,250
  66. Sebastian County: $548,250
  67. Sevier County: $548,250
  68. Sharp County: $548,250
  69. Stone County: $548,250
  70. Union County: $548,250
  71. Van Buren County: $548,250
  72. Washington County: $548,250
  73. White County: $548,250
  74. Woodruff County: $548,250
  75. Yell County: $548,250