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Florida VA Home Loan Limits

florida va home loan

A state with a diverse history and varied population; the first inhabitants of the peninsula date back over 14,000 years. In 1514, Ponce de Leon of Spain led the first European expedition of Florida. In the ensuing years, Florida traded hands between the Spanish, French, British and Americans several times, leading to numerous cultural influences throughout the area that are obvious to this day. The territory was ceded to the U.S. from Spain in 1821 after it was determined a drain on resources. Made into an American territory in 1822, Florida was granted statehood in 1845, becoming the nation’s 27th state. The nineteenth-century population of Florida was roughly half enslaved African-Americans, who were working on plantations, cultivating cotton and sugar. The state is also famous for housing marooned Africans, living freely at the same time. These enclaves became known as the Black Seminoles. The state’s population under went further diversification as a result of the Cuban Revolution in 1959, which led to an influx of Cuban migration to southern Florida.

Today the population of Florida, which exceeds 18 million, is 23 percent Hispanic and 16 percent African-American. The economy, which has shifted many times since its inception; driven by the nineteen metropolitan areas falling within the states boundary, tourism, biomedical, life sciences, health-care research and retirement are the state’s most prominent industries.

The veteran population of the state is roughly 1.5 million, ranking it with California and Texas as the states with the highest concentration of veterans.

Bordered by the Gulf of Mexico and the Atlantic Ocean, Florida is the 4th most populous state in the country. With 237 sunny days a year, tropical weather, and pristine beaches, residents often say, “Florida has it all.” For many people, living in Florida is like being on vacation every day. In addition to the stunning natural beauty of the state, there are also several major metropolitan areas, including Jacksonville, Miami, Orlando and Tampa.

Popular tourist destinations in the state include the Walt Disney World Resort, Universal Orland Resort, Busch Gardens, and SeaWorld. Approximately 60 million tourists travel to Florida annually.

A great place to purchase a home using a VA home loan, Florida provides property tax exemptions to disabled veterans meeting certain criteria. A $5,000 exemption is available to veterans with a service-related disability of 10 percent or more. Those who suffer a permanent and complete disability are entitled to a total exemption.

The cost of living in the Sunshine State is 1.3 percent lower than that of the national Average. The unemployment rate of 5.7 percent is also below the American average, and the state has experienced job growth of over three percent.

Flordia is an appealing destination for veteran homeowners because of the array of great deals that can be found on properties, including short sale and foreclosed homes. If you’re planning to buy a home in Florida using a VA home loan, a termite inspection is required. Heating systems are not required in a number of the south Florida counties, including Broward, Charlotte, Collier, Dad, Glades, Hendry, Lee, Martin, Monroe and Palm Beach. Additional guidelines include the fact that Staff Appraisal Reviewers can change the appraiser’s estimate of value (but rarely will), and refinancing of new construction condominiums may not be eligible. Buying a new construction condo is permitted, but the condo has to be approved by the VA and the borrower can’t receive a gift, grant, down payment assistance or a loan from a family member to cover closing costs. Attached new construction PUDs are also required to meet a 50 percent presale requirement.

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Florida Home Loan Limit Information

The loan limits below are the maximum 2022, $0 down VA loan amount set for each county.

  1. Alachua County: $647,200
  2. Baker County: $647,200
  3. Bay County: $647,200
  4. Bradford County: $647,200
  5. Brevard County: $647,200
  6. Broward County: $647,200
  7. Calhoun County: $647,200
  8. Charlotte County: $647,200
  9. Citrus County: $647,200
  10. Clay County: $647,200
  11. Collier County: $647,200
  12. Columbia County: $647,200
  13. Desoto County: $647,200
  14. Dixie  County: $647,200
  15. Duval County: $647,200
  16. Escambia County: $647,200
  17. Flagler County: $647,200
  18. Franklin County: $647,200
  19. Gadsden County: $647,200
  20. Gilchrist County: $647,200
  21. Glades County: $647,200
  22. Gulf  County: $647,200
  23. Hamilton County: $647,200
  24. Hardee County: $647,200
  25. Hendry County: $647,200
  26. Hernando County: $647,200
  27. Highlands County: $647,200
  28. Hillsborough County: $647,200
  29. Holmes County: $647,200
  30. Indian River County: $647,200
  31. Jackson County: $647,200
  32. Jefferson County: $647,200
  33. Lafayette County: $647,200
  34. Lake County: $647,200
  35. Lee County: $647,200
  36. Leon County: $647,200
  37. Levy County: $647,200
  38. Liberty County: $647,200
  39. Madison County: $647,200
  40. Manatee County: $647,200
  41. Marion County: $647,200
  42. Martin County: $647,200
  43. Miami-Dade County: $647,200
  44. Monroe County: $710,700
  45. Nassau County: $647,200
  46. Okaloosa County: $647,200
  47. Okeechobee County: $647,200
  48. Orange County: $647,200
  49. Osceola County: $647,200
  50. Palm Beach County: $647,200
  51. Pasco County: $647,200
  52. Pinellas County: $647,200
  53. Polk County: $647,200
  54. Putnam County: $647,200
  55. Santa Rosa County: $647,200
  56. Sarasota County: $647,200
  57. Seminole County: $647,200
  58. St. Johns County: $647,200
  59. St. Lucie County: $647,200
  60. Sumter County: $647,200
  61. Suwannee County: $647,200
  62. Taylor County: $647,200
  63. Union County: $647,200
  64. Volusia County: $647,200
  65. Wakulla County: $647,200
  66. Walton County: $647,200
  67. Washington County: $647,200

Military Bases In Florida

There are over 20 military installations in the state of Florida.

They include:

  • Atlantic Undersea Test and Evaluation Center (AUTEC)
  • Blount Island Command
  • Camp Blanding
  • Corry Station Naval Technical Training Center
  • Eglin Air Force Base
  • Hurlburt Field
  • Integrated Support Command (ISC) Miami
  • MacDill Air Force Base
  • Naval Support Activity Panama City
  • Naval Warfare Center
  • Naval Air Station Jacksonville
  • Naval Air Station Key West
  • Naval Air Station Pensacola
  • Naval Air Station Whiting Field
  • Naval Station Mayport
  • Naval Hospital Jacksonville
  • Patrick Air Force Base
  • Tyndall Air Force Base
  • USCG Air Station Clearwater
  • USCG Auxiliary 7th District