Now Accepting Apps with 2019 Increased Conventional Loan Limits
Yesterday, the Federal Housing Finance Agency (FHFA) announced that the conventional loan limits will be increasing by 6.9% next year (2019). Conventional loans are also known as conforming loans.
But there is no need to wait for 2019, because effective immediately – GMFS Mortgage is accepting new applications with the increased 2019 conventional loan limits!
The new 2019 base conventional loan limit in most of the country will be $484,350.
Learn more about Conventional loans.
|
2019 General Loan Limits |
|
|
Units |
Contiguous States, D.C, |
|
One |
$484,350 |
|
Two |
$620,200 |
|
Three |
$749,650 |
| Four |
$931,600 |