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Perry County, Arkansas VA Home Loan Information

Table of Contents


What is the VA Loan Limit?

2021 VA Home Loan Limit: $0 down payment up to $5,000,000* (subject to lender limits) /2 open VA loans at one time $548,250 (Call 877-432-5626 for details).

How to Apply for a VA Home Loan?

This is a quick look at how to apply for a VA home loan in Perry county. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Perry County. If you have any questions, you can call us at VA HLC and we’ll help you get started.

  1. Get your Certificate of Eligibility (COE)
    • Give us a call at (877) 432-5626 and we’ll get your COE for you.
  2. Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
  3. Get pre-approved, to get pre-approved for a loan, you’ll need:
    • Previous two years of W2s
    • Most recent 30 days paystubs or LES (active duty)
    • Most recent 60 days bank statements
    • Landlord and HR/Payroll Department contact info
  4. Find a home
    • We can help you check whether the home is in one of the Perry County flood zones
  5. Get the necessary inspections
    • Termite inspection: required
    • Well or septic inspections needed, if applicable
  6. Get the home appraised
    • We can help you find a VA-Certified appraiser in Perry County and schedule the process
    • Construction loan note: Construction permit/appraisal info
      1. Building permit
      2. Elevation certificate
  7. Lock in your interest rates
    • Pro tip: Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
  8. Close the deal and get packing!
    • You’re ready to go.

What is the Median Home Price?

As of March 31, 2021, the median home value for Perry County is $94,371. In addition, the median household income for residents of the county is $48,667.

How much are the VA Appraisal Fees?

  • Single-Family: $500.
  • Individual Condo: $500.
  • Manufactured Homes: $550.
  • 2-4 Unit Multi-Family: $550.
  • Appraisal Turnaround Times: 10 days.

Do I need Flood Insurance?

  • The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
  • The is no digital data available at the moment for Perry County. Nonetheless, it is safe to say that some areas are subject to flooding at zones close to water bodies and waterways. These include Nimbrod Lake, Harris Brake, Lake Maumelle, the Arkansas River, the Fourche La Fave River, and their attached streams.

How do I learn about Property Taxes?

  • Amanda Hawkins is the Perry County tax assessor. Her office can be reached at 310 West Main St. Ste. 101 Perryville, Arkansas, 72126. Additionally, Amanda’s office can also be reached by calling (501) 889-2865.
  • Arkansas is a state known for its programs and tax credits to incentivize job growth. For example, Act 1166 of 2011 provides an investment tax credit for any taxpayer incurring costs and expenses because of rehabilitation or development expenditures of eligible central business improvement district property.

What is the Population?

  • The county’s population of 10,455 is 91% White, 3.1% Hispanic, and 2.1% Mixed Race.
  • Most county residents are between 18 and 65 years old, 22% under 18 years old, and 20% older than 65.
  • In total, the county has about 3,668 households, with an average of 2.7 people per household.

What are the major cities?

The county has at least seven large cities or towns, including Perryville, which serves as the county seat. Other cities and towns that make up the county are Perry, Bigelow, Houston, Adona, Casa, and Fourche.

About Perry County

Perry County is located near the center of Arkansas and is an excellent place for people of all ages to live, grow, and thrive. Perry County has some of the most beautiful outdoor spots in the state, in addition to many unique historical landmarks and structures in the area, where you can see unique historical architecture. There are many great educational options available in the county, which is excellent news for children. Perry County was officially founded on December 18, 1840, and named after Oliver Hazard Perry, who was an early American naval commander.

Make sure to visit all the beautiful outdoor spots in Perry County, where you can have fun and get some exercise. The Ouachita National Forest is partly located in the county and offers some of the best views of the local landscape. The National Forest features miles of scenic hiking trails, beautiful campsites, and much more

For some of the best rock climbing and hiking opportunities, be sure to visit the majestic Wye Mountain. Other beautiful outdoor spots in the area include Nimrod Lake and Perryville City Park.

If you are interested in local history, then be sure to visit all the impressive historical landmarks in Perry County. The County Historical Museum is the perfect place to learn about local history, featuring historic photographs, tools, documents, and more.

The Bigelow Rosenwald School is a beautiful historic structure that has been standing in the county since 1926 and features vernacular Craftsman architectural elements. The C.L. Sailor House is a historic home that has been standing in the county since 1917 and was added to the National Register of Historic Places on July 23, 1998.

When it comes to education, Perry County is home to excellent schools and educational resources, perfect for children of all ages. Educational resources available in and nearby the county include libraries, tutoring programs, and more. The county is also nearby several higher education options.

Veteran Information

The county is currently home to 919 veterans.

  • County Veteran Assistance Information
    • Perry County Veteran Service Office – 206 W Main Street, Perryville, Arkansas 72126.

VA Home Loan Information

  • For more information about VA Home Loans and how to apply, click here.
  • If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.  
  • VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.

VA Approved Condos

At the moment, there are no VA-approved condos in Perry County. However, it is possible to get a condo through the condo approval process by calling us at (877) 432-5626.