Delaware VA Loans

With the average listing price of a home in Delaware landing at $454,094, the VA loan’s signature $0-money-down benefit is a considerable advantage for Delaware homebuyers.

See also: VA Loan Options for Other States

How to get a VA Loan in Delaware

VA loans are made by private lenders and guaranteed by the Department of Veterans Affairs. Because private lenders make the loans and not the VA, you need to find a lender licensed in the state you plan to purchase or refinance.

For example, if you're purchasing a home in Wilmington, DE, you'll need to find a lender licensed in Delaware to do the loan.

Other Considerations for Getting a VA Loan in Delaware

VA borrowers in Delaware should also consider the cost and impact of VA loan limits and property taxes when making their home purchase.

Delaware VA Loan Limits

VA borrowers in Delaware with their full VA loan entitlement are not restricted by VA loan limits. This means you can borrow as much as a lender is willing to lend without needing a down payment.

However, Veterans without their full VA loan entitlement are still bound to Delaware’s VA loan limits.

As of January 1, 2025, VA loan limits for all counties in Delaware are $806,500.

Property Taxes in Delaware

Another consideration for VA buyers in Delaware is property taxes. For certain VA buyers, there are exemptions.

You may be eligible for a property tax exemption in Delaware if you meet one of the following conditions:

• There are no state-mandated property tax exemptions for disabled veterans

If you are required to pay property tax in Delaware, the American Community Survey by the U.S. Census Bureau estimates you may pay the following in each county:

How VA Loans Work in Delaware

View the graphic below to learn more about how VA loans work in Delaware.