2019 Loan Limits Now Allowed on Conventional Products
2019 LOAN LIMITS NOW ALLOWED ON CONVENTIONAL PRODUCTS
As announced today by the Federal Housing Finance Agency (FHFA), the standard and high-cost area loan limits for Fannie Mae and Freddie Mac are increasing. The base loan limit in most of the country will be $484,350, which represents a 6.9% increase over the 2018 limit. All but 47 counties will see a loan limit increase.
Access Capital Group, Inc is pleased to begin allowing conventional loans with the increased standard and high balance limits to be submitted, locked and funded immediately.
The following tables show the new loan limits for standard and high balance loan amounts. High balance loan limits do vary by county.
| General Loan Limits | ||
| Units | All States Except AK and HI |
AK and HI |
| 1 | $484,350 | $726,525 |
| 2 | $620,200 | $930,300 |
| 3 | $749,650 | $1,124,475 |
| 4 | $931,600 | $1,397,400 |
| High Balance Loan Limits | ||
| Units | All States Except AK and HI |
AK and HI |
| 1 | $726,525 | $1,089,788 |
| 2 | $930,300 | $1,395,450 |
| 3 | $1,124,475 | $1,686,700 |
| 4 | $1,397,400 | $2,096,100 |
