Friday VA released a change that is effective December 31. The maximum VA loan is decreasing from the current maximum of a little over $818k to a new maximum of $625,500 with 0 down.
VA loans above $625,500 will still be available but they will require a 25% down payment for anything over the amount of $625,500. As an example if the sales price is $725,500, the down payment would be $25,000. This is the same as what has been done for loans above $818k.