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Exciting News For Buyers: New FHA Loan Limits

December 8, 2017 | Comments Off on Exciting News For Buyers: New FHA Loan Limits

FHA has followed Fannie and Freddie’s lead: the FHA loan limits have increased. There are no counties with a decrease for 2018! New HUD Mortgagee Letter 2017-16 just announced the 2018 loan limits for FHA transactions,  which are effective for case numbers assigned on and after January 1, 2018. FHA 2018 Loan Limits Number of Units…

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Exciting News For Buyers: New Maximum Conforming Loan Limits

November 30, 2017 | Comments Off on Exciting News For Buyers: New Maximum Conforming Loan Limits

In line with the Federal Housing Finance Agency (FHFA) announcement, both Fannie Mae and Freddie Mac are increasing their maximum base conforming and high-cost area loan limits on January 1, 2018. Starting January 1st, the maximum conforming loan limits in most areas will be $453,100, an increase from $424,100 in 2017. FHA and VA have not made…

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