11 Dec 2017

FHA Has Increased Loan Limits for 2018

The Federal Housing Administration (FHA) announced a new schedule of loan limits that will go into effect on Jan. 1, 2018. In high-cost areas of the country, FHA’s loan limit ceiling will increase from $636,150 to $679,650, while its floor will increase from $275,665 to $294,515. The national mortgage limit for … Read More

28 Nov 2016

2017 Conforming Loan Limits Have Increased!

For the first time since 2006, the conforming loan limits have increased. In 2017, the baseline loan limit for most counties across the U.S. will be $424,100, a slight increase over 2016. More expensive markets, such as New York City and San Francisco, have conforming loan limits as high as $636,150. Anything … Read More