Monday, April 27, 2020

Max Loan Amounts Continue To Rise...

Mortgage Broker AdvisorGood Morning!

The conforming loan limits continue to go up.

In Texas the max conforming loan is now $510,400.   Not to long ago this used to be a jumbo loan.

The advantage of going with a conforming loan is lower rates, and less down payment.

And, FHA max loans very by county, but they too are going up.  

Most counties range from $331,760 to $404,800 for some of the more heavily populated counties in Texas.

That's it for today!

Thanks for reading!

Brett

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