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FHFA Announces 2016 New Loan Limits

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Mortgage and Lending with Franklin Advantage Inc. NMLS Lic. # 343946

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I know that this is brief, but just wanted to get this out before the Thanksgiving holiday is upon us.

 

It was announced and published today that the new Conforming Limits were published.  This announcement came from Mortgage New Daily.  See below:

 

It was announced today that Loan Limits for 2016 have generally remained unchanged. However, it was noted that some “High Cost” area Limits have been increased.

Below is a link to a Mortgage News Daily Post this morning that has links to check the limits in your area: 

Link to New Limits

Note:When you go to the link and download the Excel Spreadsheet, make sure that you go to the bottom and Click on 2016 Limits by County

 

I hope that you find this information beneficial to your business. Have a wonderful Thanksgiving tomorrow.

 

MAC1115-1664610779

Posted by

 

Wayne L. Brown, NMLS # 343946
Licensed Mortgage Specialist
Franklin Advantage, Inc.
Direct: 858-997-6300
Email: Wayne@SanDiegoMtgPro.com
Website: 
www.SanDiegoMtgPro.com

Online Application:

https://www.blink.mortgage/app/signup/p/franklinadvantageincc/waynebrown

 

 

L/O CA DRE LIC. # 00906571

Corp. NMLS # 285786

CORP CA DRE LIC. # 01837286

 

Equal Housing Lender

 

About Wayne Brown

 

Wayne is a Licensed Mortgage Banker, and is based in San Diego.  With over 35 years in commercial and mortgage banking, he serves all of California and has closed more than 5,600 loans in his career.

 

He specializes in Conventional, FHA, VA, and Reverse Mortgages for residential lending purposes.  Both he and his company always strive to exceed each client's expectations through knowledgeable, ethical, and transparent representation to service their financial needs. 

 

Contact Wayne for a Free and Confidential mortgage analysis and pre-approval without obligation, or to simply get answers to your mortgage questions.  Wayne can be reached directly at 858-997-6300.

Equal Housing Lender                     

Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Wayne. Thank you for sharing the information, important to those of us in the business.

Thank you for sharing your comment on my post.

Dec 10, 2015 05:46 PM