VA loans in Richmond.
Richmond is an independent city, so the city itself is the county-level jurisdiction for the FHFA value shown here, and its own offices handle assessment and local permitting.
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. · Richmond City (FIPS 51760)
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.
Richmond City carries a $832,750 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 Richmond 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 assumptionRichmond reassessment notices arrive around July 1, and the office-review clock is 30 days
Richmond's Assessor mails reassessment notices on or about July 1 each year to the owner's last known mailing address. The notice shows the proposed assessment, prior values and the calculated change in tax. An Office Review must be filed with the Assessor within 30 days of the notice date; a staff appraiser analyzes the evidence and responds in writing.
After that, the Board of Equalization accepts applications through November 30, with hearings starting the following January, and an owner may also go directly to court. Practical step: if you close in late spring or summer, make sure your mailing address is updated with the City so the July notice reaches you rather than the seller.
What Richmond's Online Permit Portal covers — and what it does not yet
Richmond's Online Permit Portal lets registered users submit plans, apply and pay for permits, request inspections and check status. The City lists the plan types currently accepted: residential and commercial building, electrical and mechanical permits, residential gas piping and plumbing, certificates of zoning compliance and site plans, with more types to be added.
Walk-in help is at the Permits and Inspections office in City Hall on weekday mornings. Practical step: if you plan work soon after buying, confirm your project type is on the portal list before assuming you can file online, and allow for inspections being scheduled by day rather than by a specific time.
- FHFA — Conforming loan limit values
- City of Richmond Assessor — Real Estate Assessment Appeal Process
- City of Richmond — Online Permit Portal
- VA — Home loan entitlement and limits
Sources checked 2026-09-23. Educational information only, not legal, tax or underwriting advice.
VA loan programs available in VA.
$0 down in Richmond. 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 VA veterans qualify.
Zero down, no PMI, and a 100% funding-fee waiver on a home in Richmond, subject to eligibility verification and Certificate of Eligibility issuance.
Surviving spouse guideDisabled veteran? Stack the SAH grant on your Richmond 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 Richmond — answered.
FHFA sets conforming loan limit values by county. Richmond is in Richmond City (FIPS 51760), whose 2026 one-unit value is $832,750 per the FHFA Full County Loan Limit List. 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 Richmond 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 Richmond — zero down, no PMI, and a 100% funding-fee waiver, subject to eligibility verification.