The loan limits on Conventional & VA loans were increased from $417,000 to $424,100 on a 1 unit property in Broward, Palm Beach, & Miami Dade Counties.
You cannot however you can sell your current home that has a VA mortgage on it and buy a new home on the same day using VA financing. You have close on the sale of the home before you sign for the new loan when it’s done on the same day.
Fannie Mae just announced that on or After April 14, 2015 you can request the 3% towards closing costs on Fannie Mae HomePath properties.