VA loans in New York.
These are citywide New York City steps; confirm which borough and office serve the specific property. New York City spans five counties (one per borough), so any county figure on this page is a reference only, not an address-based lookup. Confirm the property's borough and county, and which offices serve the address, before relying on it.
Bolt Home Loans LLC is not currently licensed to originate mortgage loans in this state. This page is provided for educational purposes only. Licensing status can change — verify current authority on NMLS Consumer Access.
Bolt Home Loans LLC cannot quote, originate, or accept a mortgage application in New York. Verify current authority on NMLS Consumer Access.
Source: FHFA Full County Loan Limit List for 2026 (HERA-based, final). One-unit limit; applies to mortgages acquired in calendar year 2026. Source checked 2026-09-16. · New York County (FIPS 36061), Kings County (FIPS 36047), Queens County (FIPS 36081), Bronx County (FIPS 36005), Richmond County (FIPS 36085)
This city is associated with more than one county. Conforming loan limit values are set per county, so confirm the county of the specific property before relying on a figure.
What the county figure means here.
A borrower with full VA entitlement does not have a VA loan limit, subject to lender approval, ability to repay, and the appraised value or purchase price. The FHFA one-unit county conforming loan limit matters primarily when calculating remaining bonus entitlement for a borrower who does not have full entitlement, and it may affect whether a down payment is required.
New York County, Kings County, Queens County, Bronx County, and Richmond County carries a $1,209,750 one-unit conforming loan limit value for 2026. It is used in remaining-entitlement calculations — including on a 2–4 unit property, where the one-unit value is still the figure used — and it is not a cap on what a fully-entitled New York buyer can finance.
Planning around BAH? Rates vary by pay grade, dependency status, and ZIP-based Military Housing Area — verify yours on the official DoD BAH calculator.
This site does not publish current rates or APRs. Your rate and terms depend on your credit profile, income and assets, the property, market conditions, lock timing, points or lender credits, underwriting, and final lender approval. Request a personalized quote from Bolt Home Loans LLC.
Estimate a payment with your own rate assumptionFind the NYC occupancy record in the correct system
When comparing New York City properties, retrieve the occupancy documentation for the actual building and proposed use. The Department of Buildings explains that a Certificate of Occupancy states a building's legal use or permitted occupancy. Its search instructions distinguish requests before March 1, 2021, which are found through BIS, from requests on or after that date, which are searched in DOB NOW. Save the certificate and compare it with how the listing describes the space. Some older buildings may qualify for the city's pre-1938 exception, so a missing certificate is a question to investigate rather than an automatic conclusion. Ask the appropriate borough office or your transaction professional whether a Letter of No Objection or other documentation is needed.
Compare the NYC tax bill with the assessment notice
Use New York City's Notice of Property Value together with the current property tax bill when estimating ownership costs. The Department of Finance values and assesses property each year, but market value, assessed value and taxable value are different figures. Its explanation also separates property tax classes and shows how exemptions and abatements affect the calculation. Pull the records for the exact property rather than applying a published tax rate directly to the asking price. Ask your lender or tax adviser which amounts belong in your estimate and whether benefits shown for the present owner apply to your situation. This is particularly useful when comparing different property types whose advertised monthly costs may present taxes and other expenses differently.
- FHFA — Conforming loan limit values
- NYC Department of Buildings — Certificate of Occupancy
- NYC Department of Finance — Notice of Property Value
- VA — Home loan entitlement and limits
Sources checked 2026-10-10. Educational information only, not legal, tax or underwriting advice.
Owner-occupied 2–4 units are eligible.
VA allows purchases up to four units as long as you occupy one of them. Whether any projected rental income counts toward your qualifying ratios is a lender and VA underwriting decision, not an automatic allowance. The one-unit county value above is still the figure used in entitlement calculations on a 2–4 unit property.
Run the house-hack calculatorVA loan programs explained.
$0 down in New York. No PMI.
Lower your rate. Minimal paperwork.
Up to 100% LTV — conventional caps at 80%.
$0 down above conforming.
Finance repairs into your purchase.
Roll energy upgrades into the loan.
Widows and widowers of NY veterans qualify.
Zero down, no PMI, and a 100% funding-fee waiver on a home in New York, subject to eligibility verification and Certificate of Eligibility issuance.
Surviving spouse guideDisabled veteran? Stack the SAH grant on your New York purchase.
Up to $126,526 in FY 2026 toward a VA-approved plan to acquire, construct, or adapt a suitable home. VA approves eligibility and use; the grant is separate from your VA home loan.
SAH grant guideVA loans in New York — answered.
FHFA sets conforming loan limit values by county. New York covers New York County, Kings County, Queens County, Bronx County, and Richmond County (FIPS 36061, 36047, 36081, 36005, 36085), and all of them carry the same $1,209,750 one-unit value for 2026 per the FHFA Full County Loan Limit List. This city is associated with more than one county. Conforming loan limit values are set per county, so confirm the county of the specific property before relying on a figure. The figure only matters for remaining-entitlement calculations — with full entitlement there is no VA loan limit, subject to lender approval, ability to repay and appraised value.
BAH varies by pay grade, dependency status, and ZIP-based Military Housing Area, and DoD updates rates annually. Check your exact rate on the official DoD BAH calculator. Lenders may count BAH as qualifying income, subject to underwriting.
A VA-eligible borrower with full entitlement may be able to pursue a primary-residence purchase in New York with no down payment and no monthly PMI. Eligibility, credit, income, the VA appraisal, and final lender approval all apply, and closing costs and prepaids are still due.
An unremarried surviving spouse of a veteran who died in service or from a service-connected disability may qualify for the full VA benefit in New York — zero down, no PMI, and a 100% funding-fee waiver, subject to eligibility verification.
All of New York.
Educational guides and 2026 FHFA conforming limit values.