Final answer:
The current maximum loan amount for a VA loan guarantee as of January 2022 is $548,250 (option A).
Step-by-step explanation:
The current maximum loan amount for a VA loan guarantee as of January 2022 is $548,250 (option A). This amount is based on the conforming loan limits set by the Federal Housing Finance Agency (FHFA).
The FHFA reviews these limits annually and adjusts them based on changes in the average home prices. The limits are specific to each county and can vary depending on the cost of housing in that area.
It's important to note that these loan limits are the maximum amount that the VA will guarantee, but individual lenders may have their own guidelines and restrictions.