What better place for a U.S. veteran to make a full-time home than the nation’s capital? With a diverse population, numerous cultural activities and beautiful monuments, Washington, D.C. is truly a city with everything. It’s located in close proximity to Maryland and Virginia, and home prices vary significantly based on the area of the city in which you select to live. Cultural and historical highlights include the National Mall, the National Archives, the Smithsonian Institute the Lincoln Memorial and the U.S. Capitol. The city is also one of the premier destinations for the arts, and performances of the Washington National Opera and the Washington Ballet are attractions for patrons of the arts from around the world.
If you include the surrounding suburban areas, there is a population of 5.7 million, although in the city itself, the population was estimated at just over 632,000 in 2012. Of that, there is a veteran population estimated to be nearing 32,000.
If you’re a veteran planning to purchase a home in Washington, D.C. using a VA-backed home loan, a termite inspection is required on all properties.
The Washington District Of Columbia VA Home Loan Limit is $625,500.
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 limit above is the maximum 2016, $0 down VA loan amount set for Washington, D.C. However, there is no maximum loan amount.
Washington, D.C. Military Short Sale Info
If you’re a homeowner in Washington, D.C. and you need assistance with a short sale , fill out the below form or call 888-573-4496. With short sale assistance there is no cost to the homeowner, and there is no impact on credit score or security clearance. Additionally, veterans and servicemembers who utilize short sale assistance retain the ability to purchase another home in the future, using a VA-backed home loan.