2021 $0 down, VA home loan limit for Fairbanks North Star Borough is $822,375.
With a land area that is only marginally smaller than the state of New Jersey, the Fairbanks North Star Borough is known as home to the University of Alaska Fairbanks as well as Eielson Air Force Base. The borough seat of Fairbanks is the third largest city in the entire state of Alaska by population. Incorporated in 1964, the borough seat was founded in 1901, by E.T. Barnette after the steamship the Lavelle Young was grounded in Shallow Water along the Tanana River. Following this incident, Barnette, after exploring the area on foot established a trading post.
Today, the local economy is influenced by government services, the presence of Eielson Airforce base as well as manufacturing and mining. Tourism is also a big source of area revenue as more than 325,000 tourists travel to Fairbanks annually. Fairbanks is a popular destination as it has no standing sales tax.
Located in eastern Alaska with a subarctic climate, numerous cold weather attractions exist that draw people to the area. The northern lights, ice carving, hockey, skiing and ice fishing are all popular options. Furthering the appeal of the Fairbanks North Star Borough is Pioneer Park a Historic Theme Park with museums, restaurants, shops, and art. The census area also has the Tanana Valley State Fair, the Birch Hill Recreation Area, and the World Eskimo Indian Olympics.
Of the 100,436 people living in the borough are 11,438 veterans. The presence of the Fairbanks VA Community Based Outpatient Clinic provides this segment of the population with numerous services including primary care, mental health, orthopedics, and case management. Adding to the areas positive outlook on military members is that Eielson Air Force Base is located 26 miles from the city of Fairbanks. Deploying bomber and fighter units for missions around the world prior to 2007, Eielson Air Force Base served as a front line station for many years. Over the past seven years the base has shifted to a primary focus of providing support to Red-Flag Alaska, an extensive field training exercise program for U.S. forces.
The square mileage of the borough is 7,338.21. The median household income is $69,485, and the median household price is $213,500.
A disability property tax exemption is available to disabled veteran homeowners in the Fairbanks North Star Borough. Qualifying for this exemption is based on a net income of less than $12,000 yearly and a 100 percent disability rating.
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VFW Post
Post 10029 Weldon M. Rucker Post
PO Box 55275
North Pole, AK 99705
United States
Phone: (907) 488-9184
Meeting Location & Time
3159 VFW St
North Pole, AK 99705-6740
United States
7:00 PM 1st Wednesday
Quartermaster: Joseph Zeigler
Commander: David Lemelin
Post 3629 Golden Heart Post
324 2nd St (Graehl)
Fairbanks, AK 99701-3104
United States
Phone: (907) 451-8810
Meeting Location & Time
324 2nd Street (Graehl)
Fairbanks, AK 99701-3104
United States
10:00 AM Third Saturday of every month
Quartermaster: James Dahlke
Commander: Walter Watts
VA Property Search in Fairbanks North Star
Fairbanks, North Pole, Badger, Chatanika, Chena Hot Springs, Chena Ridge, College, Ester, Farmers Loop, Fox, Goldstrem, Harding-Birch Lakes, Moose Creek, Pleasant Valley, Salcha, South Van Horn, Steele Creek, Two Rivers
This property search is under construction. Call 888-573-4496 to get a complete list of VA homes on the market in this area.
Maximum VA Appraisal Fees Allowable in Fairbanks North Star Borough
- Single Family: $700
- Condominium: $700
- Duplex Family: $850
- Triplex Family: $900
- Fourplex Family: $900
- Repair Inspection: $100
VA Approved Condos in Fairbanks North Star
Condo Name (ID): BRYN MAWR CONDOMINIUMS (000239)
Address: FAIRBANKS AK 99709 FAIRBANKS
Status: Accepted Without Conditions
Last Update: Unavailable
Request Received Date: 07/27/2010
Review Completion Date: 01/13/2011
Condo Name (ID): CASTLE PLACE CONDO (001912)
Address: PH 1 FAIRBANKS AK 99701 FAIRBANKS
Status: HUD Accepted
Last Update: Unavailable
Request Received Date: 11/06/2006
Review Completion Date: Unavailable
Condo Name (ID): RIDGETOP (000217)
Address: FAIRBANKS AK 99701 – 0000 FAIRBANKS
Status: HUD Accepted
Last Update: Unavailable
Request Received Date: 06/10/2010
Review Completion Date: Unavailable
Condo Name (ID): UNIVERSITY WEST (10922A)
Address: CONDOMINIUMS FAIRBANKS AK 99709 FAIRBANKS
Status: Accepted Without Conditions
Last Update: Unavailable
Request Received Date: 09/08/2009
Review Completion Date: 09/28/2009
If you have another condo in mind that you would like the VA to approve, click here.
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/
- Fairbanks North Star Borough site: http://www.co.fairbanks.ak.us/
- Chamber of commerce: http://fairbankschamber.org/
