2021 $0 down, VA home loan limit for Northwest Arctic Borough is $822,375.
With its tundra like climate, the Northwest Arctic Borough is known for its long, frigid, snow filled winters. Temperatures have reached as cold as -52 degrees Fahrenheit. Located in the northwest portion of Alaska, the borough was created in 1986. The Chukchi Sea forms the western boundary of the borough. Home to Polar Bears, drift ice is prominent in the Chukchi Sea, and it is not uncommon for these bears to be spotted on pack ice. At 2209 pounds the largest Polar Bear on record was recorded in Kotzebue Sound. Furthering the areas appeal as a Christmas wonderland is the population of Reindeer in Kotzebue, the borough seat. Domestic reindeer were originally introduced to the area from Asia.
With a square mileage of 40,749, the Northwest Arctic Borough is the second largest borough in the state. The land area of the borough is greater than Indiana. The population of the area is 7,685, with a veteran population of approximately 415. The median household income is $60,870, and the Median home value is $130,100.
The local economy relies primarily on mining, and construction, as well as jobs created by the area government, as well as by a growing transportation industry. The borough is home to the biggest zinc and leads mine in the world, Red Dog Mine.
Disabled veteran homeowners are entitled to a property tax exemption, dependent upon a disability rating of 100 percent and an income of below $12,000. The exemption is for the first $150,000 of the assessed property value.
Your Dream Home is Waiting
Contact VA Home Loan Centers to be matched with a licensed real estate agent.
VFW Post
The closest VFW post to the Northwest Arctic Borough is located in the Census Area of Nome, adjacent to the borough.
Post 9569 James C. Kealiher Post
PO Box 1776 Nome, AK 99762 United States
Phone: (907) 443-7927
Meeting Location & Time
108 E 3rd Ave Nome, AK 99762 United States
7:00 PM 3rd Thursday
Quartermaster: N/A
Commander: Nelson Kenick
Northwest Arctic Communities
Ambler, Buckland, Deering, Kiana, Kivalina, Kobuk, Kotzebue, Noatak, Noorvik, Red Dog Mine, Selawik, Shungnak
Our property search is being worked on. Call 888-573-4496 for a list of all VA properties for sale in Northwest Arctic Borough.
Maximum VA Appraisal Fees Allowable in Northwest Arctic Borough
- Single Family: $700
- Condominium: $700
- Duplex Family: $850
- Triplex Family: $900
- Fourplex Family: $900
- Repair Inspection: $100
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/
- Borough site: http://www.nwabor.org/
