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Conventional Loans

Conforming Loan Limits Increase For 2023

Great news for home buyers, the 2023 conforming loan limits have increased to $726,300 from the previous $647,200 limit.  Please see the chart below.  Please note typical high balance locations are also increasing to $1,089,300 for standard 1-unit properties. Coast 2 Coast is proud to offer conventional loans up to the new loan limit effective […]

Filed Under: Conventional Loans Tagged With: 2023 Conforming Loan Limits, 2023 Home Loan Limits, 2023 Lending Loan Limits, 2023 Mortgage Limits Conventional

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 […]

Filed Under: Conventional Loans, Florida, Florida Mortgage Tagged With: 3% down payment home loan Florida, 5% down payment home loan Georgia, Florida Conforming Loan Limits 2023

2023 Conforming Loan Limits Increase 12%

Great news for homebuyers purchasing higher costs homes this year, the Conforming loan limits were just increased for 2023! The old limit was set to $647,200 and the new limits have increased to $726,200. This applies to single (1) unit properties in regular “non” high costs locations. Some high-cost locations in Hawaii, California, New York, […]

Filed Under: Conventional Loans Tagged With: 2023 Conforming Loan Limits, 2023 Conventional Loan Limits, Fannie Mae Mortgage Limit 2023, Freddie Mac Loan Limit 2023

Conforming and FHA Loan Limits Increase For 2021

UPDATE: Please find the NEW 2023 CONFORMING LOAN LIMITS UPDATED HERE. Conforming and FHA loan limits are increasing for 2021. The higher mortgage limits will allow home buyers to qualify for more when needed. Below we will break down the latest 2021 loan limits. Please contact Coast2Coast Lending 7 days a week with questions by […]

Filed Under: Conventional Loans, FHA Loans Tagged With: Conventional Loan Limits 2021, Florida FHA Loan Limits For 2021

Updated 2020 Conforming Loan Limits

*Post Update – please see the new 2023 Conforming loan limit 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 […]

Filed Under: Conventional Loans Tagged With: 2018 conforming loan caps, 2018 conventional loan limits

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CONTACT US

904-810-2293
redd@coast2coastlending.com
Coast 2 Coast Lending
93 King St
St. Augustine, FL 32084
Branch NMLS# 2047476

NMLS CORPORATE ID #1850
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© 2020 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

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