Forgot Password? | Print Page | Sign In | Create User Profile
News & Press: Industry News

Higher Loan Limits Set

Monday, December 19, 2016  
Share |


Higher Loan Limits Set

Conforming loan limits are set to rise in 2017 according to the Federal Housing Finance Agency. Conforming loans are loans eligible for purchase by Fannie Mae and Freddie Mac. The new limits will go from $417,000 to $424,00. In high cost areas such as San Francisco the limits will rise from $625,500 to $636,150. This is the first baseline increase since 2006 because home prices starting falling soon thereafter and have just now returned above 2007 levels.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851