conforming loan limits: 2015 Colorado Conforming Loan Limits
- 01/26/15 03:28 AM
2015 Colorado Conforming Loan Limits Regular conforming loan limits for 2015 are unchanged from 2014. However, high-cost area loan limits in 46 counties across the US did increase. Colorado had 11 county increases, they are marked in yellow in the graph below.
Colorado counties that were increased from 2014 to 2015.
Even though some counties did increase the 1-unit loan limit, the max loan for any conforming loan is $417,000. Any amount over $417,000 up to the max county high-cost loan limit is considered a High Balance conforming loan. Any amount over the High Balance limit is considered Jumbo financing. What Loans (0 comments)
conforming loan limits: 2015 Nationwide Conforming Loan Limits
- 01/16/15 09:50 AM
2015 Nationwide Conforming Loan Limits Even though some counties did increase the 1-unit loan limit, the max loan for any conforming loan is $417,000. Any amount over $417,000 up to the max county high-cost loan limit is considered a High Balance conforming loan. Any amount over the High Balance limit is considered Jumbo financing.
What Loans Are Covered Under Conforming? All conventional loans by way of Fannie Mae and Freddie Mac have to stay within these loan limits. In addition VA also follows these loan amounts. Even though VA does not have a maximum loan limit you are still required (0 comments)
I literally fell into this business, 42 feet to be exact. Straight down an elevator shaft 17 years ago. Ever since I have been a Colorado loan officer - My goal is to always make the loan transaction as stress free as possible and to always close on time. For some reason lenders forget that contract dates actually mean something. Go figure...right? Weird, I know! - I Currently sponsor weekly training webinars that feature ways to help your business by presenting cutting edge, innovative technology, strategies and transforming ideas to meet current market conditions. - I believe that success breeds success and that we are at our best when we are helping others to succeed. Basically a Zig Ziglar fan. :)