2017 Loan Limits Go Up For Fannie Mae Freddie Ma

Dated: 11/30/2016

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The Federal Government is INCREASING the limit for conforming mortgages from $417,000 to $424,100 in most regions of the US starting 


January 1 2017.   This is the first such increase since 2006.


“Today’s conforming loan limit increase is a much-needed recognition of rising home prices in high-cost markets, and a help to first-time
and lower-income borrowers looking to utilize  an FHA mortgage,” said NAR President William E. Brown. “Credit remains tight, but this
decision will help more qualified buyers address the hurdles and high costs standing between them and the dream of homeownership.”


Here is a chart of limits for each county.   


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LaDawn Westbrook

With more than a decade of experience, LaDawn enjoys educating first time home buyers, working with the 55+ community, relocation clients, sellers who want to downsize, step up purchase or anything in....

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