Published by HomePlus at February 24, 2021 Despite the worldwide havoc brought about by the COVID-19 pandemic, the applications for VA loans, El Paso, TX, continue to climb. In 2020 alone, the US tallied 1.2 million VA-backed loan originations – a whopping 11.4% increase from 2019. There are several reasons why the applications for VA loans, El Paso, TX, continue to soar, including the following: Reason #1: Blue Water Navy Vietnam Veterans Act of 2019 This new legislation went into effect on January 1, 2020, and has been considered one of the primary drivers why VA loans became more appealing in 2020. And why not? The law crosses out loan limits for most borrowers. Unlike before, VA borrowers who exceed maximum loan amounts do not need to […]