This could be savings on the table for the Borrowers!

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Mortgage and Lending with FHA, VA, Jumbo, Downpayment Assistance, Conv. NMLS #276329

2024 Conforming & FHA Loan Limits 


This week, the Federal Housing Administration (FHA) and the Federal Housing Finance Agency (FHFA) both announced new 2024 loan limits, which affect FHA and conforming loans.

This means your buyers will have more flexibility, and possibly lower rates when financing a higher-priced home.

Find New Conforming Loan Limits

The FHFA provides a free look-up tool that you can share with your prospects. The interactive map allows the user to hover over a county or county equivalent to see applicable 2024 conventional loan limits in that area. 


Find New FHA Loan Limits

You can find the 2024 FHA loan limits on their maximum mortgage limits page.


Both of these are great tools to bookmark!


If you have any questions about these changes, I'm glad to help. Reach out today to learn more!

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Lisa Perry, Senior Loan Officer

"Your Northern VA Mortgage Specialist"

540-273-2733

NMLS ID #86548 / 276329

Email:  LPerry@fhmtg.com

Apply on line:  LisaPerrryLoans.com

 

 

 

 

 

 Proudly Serving Washington DC, Virginia & Maryland

Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Dec 03, 2023 03:47 AM