Conforming Loan Limits Increased

Dec 2, 2018 Real Estate

Conforming Loan Limits Increased
**Picture from HousingWire** Conforming loan limits have increased for the third year in a row. They increased 6.9% from $453,100 to $484,350. That applies to any mortgage loan that is sold to Fannie Mae or Freddie Mac or FHA loans. Some cities that are classifed as "high-cost areas" will have higher limits. More details in the link at the bottom of this page. Whenever you are ready, here’s some ways that I can help with your real estate goals: 1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search 2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here 3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com 4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over. Also….check these out?? Denver Home Finder Service Denver Home Seller Service