Thank you for your service.
Actually, the VA loan limit for Putnam County is $625,500 which is the maximum loan amount you could get without a down payment. You would obviously have to qualify for the loan but it's nice to know that it's possible to buy up to that amount without a down payment.
As far as I'm concerned, there really are no cons with a VA mortgage. You get 100% financing, no monthly mortgage insurance, 30 year fixed interest rates as low as 3-3.25%, the seller can pay your closing costs.
Please feel free to contact me for more information or help. You can also find info on my VA Mortgage website by clicking the link below.
Senior Mortgage Banker
Peoples Bank & Trust
Best of Luck,