new home loan maximum raisedFebruary, 16 2017

Federal Housing Finance Agency Increases Maximum Loan Limits for 2017

Fannie Mae and Freddie Mac are government sponsored enterprises whose shared goal is to provide affordable loans. They are required by law to adhere to the “conforming loan limit,” which sets a financial cap on the amount at which they can purchase single-family mortgages. Loan balances above a specific amount, also known as “jumbo loans,” […]

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