Another year – means another update to the VA Loan Limits. ?Back in August, VA announced a significant increase to the loan limit for Honolulu County – up to $756,250. ?Looks like in 2013, they decided to drop it down a tad to $750,000 for the island of Oahu.
For the neighbor islands, the loan limits remain the same at $625,500:
Please keep in mind – that these are the limits for 100% financing (no downpayment). ?A Veteran can still get a loan amount higher than this – up to $1.5 Million, known as a VA Jumbo loan, ?as long as they qualify for that loan amount and can make a downpayment equal or greater than 25% of the difference between the max loan amount and the desired purchase price.