The Home Loan Mortgage Blog

Breaking News - Conforming Loan Limit

November 25th, 2016 3:22 PM by T. Fanning


                                             
The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, has just announced an increase to the conforming loan limit.  Starting January 1, 2017, the maximum conforming loan amount will be $424,100 (up from the current $417,000).  This is the first increase since 2006.

FHA and VA are expected to announce their loan limits shortly.
 
Thanks!

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 
Posted in:General
Posted by T. Fanning on November 25th, 2016 3:22 PM

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