New Conventional Rules

[Damon Aniton]

So I am tying to think my way through a few things involving these new downpayment rules.

Only needing 5% down is pretty self explanatory. First thing I am trying to get clarity on. Can I use the new conventional to purchase near where I have my current primary residence under a VA loan. When when I say near I kind of want to buy the house they built behind me.

Second question I have been trying to get a clear answer on for a while now.  I kind of have the answer but there has never been what seems like an absolute yes or no.  Fannie Mae limits are 929k, 1.123m and 1.396m respectively on 2, 3 and 4 units.  Are these in fact the same limits on a VA loan?