Official Conforming Loan Limits for 2023!!!
Official Conforming Loan Limits for 2023!!!
Wade Betz
Published 2 months ago
Conventional loan limits are increasing for 2023!
According to the Federal Housing Finance Agency, the conforming loan limits will rise from this year’s limit of $647,200 to $726,200 for 2023! (and if you are a buyer in Alaska, Hawaii, Guam, the U.S. Virgin Islands or other high cost areas... that number is $1,089,300!)
That means borrowers may be able to afford a higher priced home with a lower down payment!
This marks the seventh straight year that the FHFA has increased the conforming loan limits after not increasing them for an entire decade from 2006 to 2016.
Give me a call or text if you want to talk about it or think you have someone who may benefit from the increase. I'd love to chat with you!
According to the Federal Housing Finance Agency, the conforming loan limits will rise from this year’s limit of $647,200 to $726,200 for 2023! (and if you are a buyer in Alaska, Hawaii, Guam, the U.S. Virgin Islands or other high cost areas... that number is $1,089,300!)
That means borrowers may be able to afford a higher priced home with a lower down payment!
This marks the seventh straight year that the FHFA has increased the conforming loan limits after not increasing them for an entire decade from 2006 to 2016.
Give me a call or text if you want to talk about it or think you have someone who may benefit from the increase. I'd love to chat with you!
Nationwide List of Conforming Loan Limits By County
Nationwide List of Conforming Loan Limits By County
Page 1 of 1
States I Can Lend In
States I Can Lend In
Page 1 of 1
Find Out About Our Shinning Star Hero Program
Find Out About Our Shinning Star Hero Program
Page 1 of 1
Real Producers Spotlight
Real Producers Spotlight
Page 1 of 1
Additional Resources
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
Published 4 months ago