Increased loan limits for 2018 effective January 1st

By
Mortgage and Lending with American Mortgage Bank

I'm not sure if you knew, but this is kind of a big deal!  

Fannie and Freddie have increased their loan limits, effective January 1st, 2018. 

Up until 2016 the limits had not increased for the prior 10 years when it was stuck at $417,000 for a 1 unit property in the contiguous states.  In 2017 that limit was increased to $424,100 and now it's $453,100! 

Contact me to take advantage of these increases NATIONWIDE without additional state licensing, at Trent@AmericanMB.com, or call me, at (248) 8540625. 

Happy New Year!

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Tags:
mortgage advice
real estate loans
refinance loans
purchase loans
lending advice
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Rainer
109,363
David A. Weaver
Peoples Bank & Trust Co. - Scottsdale, AZ
24 years helping folks finance their dreams.

Thanks for the easy reference charts, now if rates will cooperate we might just have a banner 2018.  Best wishes for a great new year.

Jan 05, 2018 11:04 AM #1
Rainmaker
1,689,901
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Thanks for the update (I had missed this ) . I'll share it with my Team !

Jan 13, 2018 03:58 PM #2
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Rainmaker
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Trent Dalrymple (248) 854-0625

Helping Mortgage Brokers & LO's Lend Nationwide!
Ask about my fast lending for mortgage brokers
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