Alabama Real Estate Practice Exam

Question: 1 / 400

What is the maximum amount the VA can guarantee on a home loan?

$104,500

The maximum amount the VA can guarantee on a home loan is $104,500. This amount may seem relatively small compared to some of the other options listed, but it is actually the most accurate and current limit set by the VA. Option B may seem like a possible answer since it is the next highest amount listed, but it is not an accurate answer as it does not reflect the current limit. Option C may also seem like a possible answer, but again, it is not the current and most accurate limit set by the VA. Option D is significantly lower than the current limit and therefore is not the correct answer. Overall, the VA has set the maximum amount for home loans at $104,500.

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$25,000

$417,000

$100,000

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