Louisiana VA Home Loan Limits

state-seal-of-louisiana

A multilingual, multicultural paradise, Louisiana is a state full of local culture and flair. Located in the deep south region of the country, French, African, Native and numerous other cultures have infused with one another making Louisiana one of the more distinct states. Cajun, Acadian and Creole cultures are a byproduct of this. These cultures are extremely prominent in the state’s largest city of New Orleans. NOLA as it is affectionately nicknamed is considered the birthplace of Jazz, a culinary center and a unique architectural area. Known for Mardi Gras, a carnival and celebration that coincides with Lent, New Orleans furthers Louisiana’s identity. The state has a vast array of landscapes, and in particular coastal, marsh and swamp areas. In fact, the natural beauty of these areas has led to the creation of a strong film industry in the state, especially in the three biggest cities of New Orleans, Shreveport and Baton Rouge.

The state was first explored by Europeans in 1528 when the Spanish expedition of Panfilo de Narvaez discovered the mouth of the Mississippi River. Famed explorer Hernando de Soto later navigated the state, coming into contact with the Caddo and Tunica tribes. The first permanent settlement in the state was established by France in the late 17th century. Following their defeat during the Seven Years War, France transferred control of the area to Spain. Eventually, the territory was re-ceded to France under Napoleon Bonaparte, before being sold to the United States in 1803 as the Louisiana Purchase. The territory would be split to form 15 separate states, as well as two Canadian provinces. Louisiana was admitted to the Union as the 18th state in 1812.

Today the state is home to 4,602,893 residents. Because the state is rich in petroleum and natural gas, the economy is largely based in energy and gas production. Louisiana also has several agricultural exports, producing more crawfish than anywhere else, supplying the planet 90 percent of its crawfish. Other agro-products include cotton, soybeans, cattle, sugarcane, poultry and eggs.

The state has a veteran population of just over 319,000, and major military bases in the state include Barksdale Air Force Base, Fort PolkJoint Reserve Base New Orleans and NAS New Orleans.

In the state of Louisiana, if a veteran or service member is going to use a VA home loan to purchase a property, a termite inspection is required, and the purchase of manufactured homes is not permitted. The average home cost in the state is $154,000. Over the previous twelve months, home appreciation has been one percent. In comparison to the national average, the cost of living in the state is nearly seven percent lower. Unemployment in the Pelican State is also below the national average at four percent.


Louisiana Short Sale Assistance:

If you are a property owner in Louisiana and you require short sale assistance on a home loan, call 888-573-4496 or fill out the form to the right. With short sale assistance, your security clearance isn’t impacted, and your credit score will be minimally impacted, if you’re current on your loan. There’s zero cost for homeowners, and veterans and service members can use their VA home loan benefit again in the future, to purchase a home.


VA Home Loan Limits for Louisiana

NOTE: 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 2017, $0 down VA loan amount set for each parish. Although there is no maximum loan amount, the maximum no money down VA home loan limits are stated as follows.

  1. Acadia Parish VA Home Loan Limit $424,100
  2. Allen Parish VA Home Loan Limit $424,100
  3. Ascension Parish VA Home Loan Limit $424,100
  4. Assumption Parish VA Home Loan Limit $424,100
  5. Avoyelles Parish VA Home Loan Limit $424,100
  6. Beauregard Parish VA Home Loan Limit $424,100
  7. Bienville Parish VA Home Loan Limit $424,100
  8. Bossier Parish VA Home Loan Limit $424,100
  9. Caddo Parish VA Home Loan Limit $424,100
  10. Calcasieu Parish VA Home Loan Limit $424,100
  11. Caldwell Parish VA Home Loan Limit $424,100
  12. Cameron Parish VA Home Loan Limit $424,100
  13. Catahoula Parish VA Home Loan Limit $424,100
  14. Claiborne Parish VA Home Loan Limit $424,100
  15. Concordia Parish VA Home Loan Limit $424,100
  16. De Soto Parish VA Home Loan Limit $424,100
  17. East Baton Rouge Parish VA Home Loan Limit $424,100
  18. East Carroll Parish VA Home Loan Limit $424,100
  19. East Feliciana Parish VA Home Loan Limit $424,100
  20. Evangeline Parish VA Home Loan Limit $424,100
  21. Franklin Parish VA Home Loan Limit $424,100
  22. Grant Parish VA Home Loan Limit $424,100
  23. Iberia Parish VA Home Loan Limit $424,100
  24. Iberville Parish VA Home Loan Limit $424,100
  25. Jackson Parish VA Home Loan Limit $424,100
  26. Jefferson Parish VA Home Loan Limit $424,100
  27. Jefferson Davis Parish VA Home Loan Limit $424,100
  28. La Salle Parish VA Home Loan Limit $424,100
  29. Lafayette Parish VA Home Loan Limit $424,100
  30. Lafourche Parish VA Home Loan Limit $424,100
  31. Lincoln Parish VA Home Loan Limit $424,100
  32. Livingston Parish VA Home Loan Limit $424,100
  33. Madison Parish VA Home Loan Limit $424,100
  34. Morehouse Parish VA Home Loan Limit $424,100
  35. Natchitoches Parish VA Home Loan Limit $424,100
  36. Orleans Parish VA Home Loan Limit $424,100
  37. Ouachita Parish VA Home Loan Limit $424,100
  38. Plaquemines Parish VA Home Loan Limit $424,100
  39. Point Coupee Parish VA Home Loan Limit $424,100
  40. Rapides Parish VA Home Loan Limit $424,100
  41. Red River Parish VA Home Loan Limit $424,100
  42. Richland Parish VA Home Loan Limit $424,100
  43. Sabine Parish VA Home Loan Limit $424,100
  44. St. Bernard Parish VA Home Loan Limit $424,100
  45. St. Charles Parish VA Home Loan Limit $424,100
  46. St. Helena Parish VA Home Loan Limit $424,100
  47. St. James Parish VA Home Loan Limit $424,100
  48. St. John The Baptist Parish VA Home Loan Limit $424,100
  49. St. Landry Parish VA Home Loan Limit $424,100
  50. St. Martin Parish VA Home Loan Limit $424,100
  51. St. Mary Parish VA Home Loan Limit $424,100
  52. St. Tammany Parish VA Home Loan Limit $424,100
  53. Tangipahoa Parish VA Home Loan Limit $424,100
  54. Tensas Parish VA Home Loan Limit $424,100
  55. Terrebonne Parish VA Home Loan Limit $424,100
  56. Union Parish VA Home Loan Limit $424,100
  57. Vermilion Parish VA Home Loan Limit $417,000
  58. Vernon Parish VA Home Loan Limit $424,100
  59. Washington Parish VA Home Loan Limit $424,100
  60. Webster Parish VA Home Loan Limit $424,100
  61. West Baton Rouge Parish VA Home Loan Limit $424,100
  62. West Carroll Parish VA Home Loan Limit $424,100
  63. West Feliciana Parish VA Home Loan Limit $424,100
  64. Winn Parish VA Home Loan Limit $424,100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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