VA Loans in Alabama from Direct VA Loans
The Veterans' Benefits Improvement Act passed into law in October 2008 impacts VA benefits and VA Home Loans. Benefits improved by that new law make veteran loans in Alabama an attractive option for 100% refinancing and $0 down mortgages. Every month, VA-eligible borrowers in Alabama are taking advantage of these great VA Home Loan Benefits.
Alabama veteran mortgage loans are guarantied by the Federal Government. This guaranty allows VA-approved lenders to make mortgages to eligible military borrowers. Some of the attractive features of these mortgage benefits are:
- No Down Payment – keep cash reserves for emergencies or other needs
- 100% Refinancing – get more cash out of equity
- No Private Mortgage Insurance – save up to hundreds each month
- Less Strict Credit and Income Requirements – qualify more easily than with many other loan programs
Ask About the Unique County Loan Limits for Alabama
The Department of Veterans Affairs sets maximum loan limits for each county of Alabama. Below are the limits effective Jan 1, 2009. To find out more about VA loan limits and other veteran mortgage requirements in Alabama, simply ask a question and one of our VA loan specialists will follow up with assistance.
| County | VA Limit | County | VA Limit |
| AUTAUGA | $417,000 | HOUSTON | $417,000 |
| BALDWIN | $417,000 | JACKSON | $417,000 |
| BARBOUR | $417,000 | JEFFERSON | $417,000 |
| BIBB | $417,000 | LAMAR | $417,000 |
| BLOUNT | $417,000 | LAUDERDALE | $417,000 |
| BULLOCK | $417,000 | LAWRENCE | $417,000 |
| BUTLER | $417,000 | LEE | $417,000 |
| CALHOUN | $417,000 | LIMESTONE | $417,000 |
| CHAMBERS | $417,000 | LOWNDES | $417,000 |
| CHEROKEE | $417,000 | MACON | $417,000 |
| CHILTON | $417,000 | MADISON | $417,000 |
| CHOCTAW | $417,000 | MARENGO | $417,000 |
| CLARKE | $417,000 | MARION | $417,000 |
| CLAY | $417,000 | MARSHALL | $417,000 |
| CLEBURNE | $417,000 | MOBILE | $417,000 |
| COFFEE | $417,000 | MONROE | $417,000 |
| COLBERT | $417,000 | MONTGOMERY | $417,000 |
| CONECUH | $417,000 | MORGAN | $417,000 |
| COOSA | $417,000 | PERRY | $417,000 |
| COVINGTON | $417,000 | PICKENS | $417,000 |
| CRENSHAW | $417,000 | PIKE | $417,000 |
| CULLMAN | $417,000 | RANDOLPH | $417,000 |
| DALE | $417,000 | RUSSELL | $417,000 |
| DALLAS | $417,000 | SHELBY | $417,000 |
| DE KALB | $417,000 | ST. CLAIR | $417,000 |
| ELMORE | $417,000 | SUMTER | $417,000 |
| ESCAMBIA | $417,000 | TALLADEGA | $417,000 |
| ETOWAH | $417,000 | TALLAPOOSA | $417,000 |
| FAYETTE | $417,000 | TUSCALOOSA | $417,000 |
| FRANKLIN | $417,000 | WALKER | $417,000 |
| GENEVA | $417,000 | WASHINGTON | $417,000 |
| GREENE | $417,000 | WILCOX | $417,000 |
| HALE | $417,000 | WINSTON | $417,000 |
| HENRY | $417,000 | |
Alabama VA Home Loans vs. Conventional Home Loans
Because VA home loans have unique advantages over conventional loans, like 100% financing and $0 down payment, these loans are often the best choice for VA-eligible borrowers who qualify. Ask about VA eligibility.
Get an Alabama VA Home Loan
You can pre-qualify now, and a VA home loan specialist will provide guidance the rest of the way.
Direct VA Loans can Assist in Many Ways
Among those who can benefit by being in touch with one of our veterans' loan specialists are first-time home buyers, homeowners in need of cash from equity, those ready to take advantage of discounted housing markets, qualified borrowers wanting to purchase new homes or refinance current ones, and military personnel relocating to Alabama. VA-eligible borrowers can be on their way to maximizing the valuable benefits associated with the VA Home Loan Guaranty Program.
Relocating? Get a VA Loan to Purchase an Alabama Home
Relocating to Alabama? VA-eligible borrowers can use benefits associated with the VA Home Loan Program to purchase a home near Alabama military bases. Mobile, Birmingham, Montgomery, Gulf Shores, and many other Alabama cities have a lot to offer by way of schools, parks, culture and lifestyle. We can help make the move to Alabama an easier one by offering experienced VA lending on your VA purchase loan.
U.S. Military Major Bases and Installations in Alabama
Army
- Fort McClellan – Anniston, AL
- Anniston Army Depot – Anniston, AL
- Redstone Arsenal – Huntsville, AL
- Fort Rucker - Dothan, AL
Air Force
- Gunter Annex – Montgomery, AL
- Maxwell Air Force Base - Montgomery, AL
Coast Guard
- Group Mobile
- Marine Safety Office Mobile
- Aviation Training Center Mobile
Total Military Personnel
- Army 30,744
- Navy & Marine Corps 4,703
- Air Force 8,951
- Coast Guard 846
- Active Duty Military 11,272
- Reserve & National Guard 33,126
- Total Personnel 89,642
Some data obtained from American Forces News Service 2008
Working with a VA-approved Lender
As a lender approved by the VA to originate loans in Alabama, getting home loans for military personnel and veterans is our specialty. At Direct VA Loans, serving those who have served our country with the best home loan terms possible is what we do best. Our knowledgeable loan specialists work to get VA-eligible borrowers very competitive terms under the veteran home loan guidelines.
Apply for VA Home Loan
VA Loan Eligibility and Qualifications
Most veterans are eligible for VA benefits like the VA home loan program. Of course, there are eligibility requirements like obtaining a Certificate of Eligibility. Our loan specialists are experienced at assisting with this process.
Pre-qualify for a VA Home Loan
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