The Home Loan Mortgage Blog

Breaking News - 2019 Conforming Loan Increase

November 27th, 2018 11:06 AM by T. Fanning


                                             
Hi,

Great news! The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018.

Loan limits will also be increasing in what the FHFA calls “high-cost areas,” where 115% of the local median home value exceeds the baseline loan limit. The new ceiling loan limit for one-unit properties in most high-cost areas will be $726,525.

Click HERE for county limits.

Thanks and let me know if you have any questions!

T. Fanning
Owner - Mortgage Consultant | Home Loan Mortgage
1101 Twin Peaks Cir, Longmont, CO 80503
Cell: 303.931.3239 | Fax: 303.684.0686
t@hlmcolorado.com | www.hlmcolorado.com
LO NMLS: 208694 | CO License: 100008854 | Company NMLS ID: 479289 
 
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Posted in:General
Posted by T. Fanning on November 27th, 2018 11:06 AM

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