September 9, 2022
September greeted us with some excellent news. The 2023 conventional loan limits have been announced by several of the nations top lenders and are slated to be $715,000 for most of the country. Additionally, this means that in certain high cost areas as well as AK and HI will have conventional limits as high as
December 5, 2021
FHFA announced the new conventional loan limits in Colorado for 2022 in late November 2021. Dating back to early October, It was widely believed by mortgage industry leaders that the new nationwide loan limits for conventional loans would be $625,000 throughout most of the country and most of Colorado. At that time it was believed
November 30, 2021
HECM reverse mortgage loan limits have changed yet again in 2023. The new revers mortgage loan limits are jumping to $1,089,300 in California, Colorado, & Idaho. In fact, the reverse mortgage loan limits should change to $1,089,300 nationwide, but we’re more focused on CA, CO, & ID since that’s where we do business. HUD /
January 14, 2021
Recently the Federal Housing Finance Agency (FHFA) announced that conforming 2021 loan limits will be increased for 2021. The maximum amount for the lower 48 states for one-unit properties will be raised to $548,250 from $510,400. In high-cost counties, such as Orange County, the maximum high-balance mortgage will be $822,375, up from $765,600. This is
December 14, 2019
Recently the Federal Housing Finance Agency (FHFA) announced that conforming loan limits will be increased for 2020. The maximum amount for the lower 48 states for one-unit properties will be raised to $510,400 from $484,350. In high-cost counties, such as Orange County, the maximum high-balance mortgage will be $765,600, up from $726,525. This is good
December 7, 2017
Did you know that the maximum amount you can borrow for a mortgage may vary depending on the loan type and / or depending on the state or county you live? Obviously, we’re addressing the 2023 Orange County, California Loan limits in this article. With that said, we’ll break it down based on the type
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