### Question
What does maximum guaranty amount mean?


### Answer
**Maximum guaranty amount** has the following meaning in *38 U.S.C. § 3703*:

> the dollar amount that is equal to 25 percent of the Freddie Mac conforming loan limit limitation determined under section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2)) for a single-family residence, as adjusted for the year involved

#### Citation:
  - *38 U.S.C. § 3703*
  - Heading: **PART III-READJUSTMENT AND RELATED BENEFITS > CHAPTER 37-HOUSING AND SMALL BUSINESS LOANS > SUBCHAPTER I-GENERAL**

