*Post Update – please see 2020 conforming loan limits here New conforming loan limits were just announced this week. The base conforming loan limit has increased from $424,100 to $453,100. High-cost locations were also adjusted higher per the chart below. 2018 Conforming Loan Limits: 1-Unit 2-Unit 3-Unit 4-Unit Fannie Mae $453,100 $580,150 $701,250 […]
Conventional Loans
Conventional Loan Options Florida
By far the mortgage programs with the greatest market share in Florida are conventional loans. Conventional loans are typically underwritten by guidelines established by both Fannie Mae and Freddie Mac but technically they are loans that do not come with a government-backed guarantee to the lender, including VA, FHA and USDA home loans. With a […]