Get Expert Help  (844) 994-3325   info@ideallending.net

2018 Loan Limit Increase

Loan Limit Increase blog photo

FHFA Announces 2018 Loan Limit Increase

New Conforming Loan Limits May Make Your Homeownership Dreams Come True!

If you’ve been in search of a home in today’s competitive market, Ideal Lending Solutions, A Division of American Financial Network, Inc. has some good new for you. Beginning in 2018 the Federal Housing Finance Agency (FHFA) will raise baseline maximum conforming loan limits for most regions in the U.S. These limits set a cap on the maximum mortgage that can be bought or guaranteed by Fannie Mae and Freddie Mac. These increases will assist qualified customers whose borrowing power may have been limited by the previous cap.

2018 increases are as follows:

  • $424,100 to $453,100 for one-unit properties in the majority of the country
  • $636,150 to $679.650 for high-cost one-unit properties in the contiguous US
  • Hawaii, Alaska, Guam, and the US Virgin Islands, will have a baseline of $679,650 with limits raised for specific locations

A list of the 2018 maximum conforming loan limits for all counties and county-equivalent areas in the country can be found on fhfa.gov.

American Financial Network, Inc. is not acting on behalf of or at the direction of the federal government, and this offer is not being made by an agency of the government.

Ideal Lending Solutions | West Palm Beach | Boca Raton | Jupiter | Aventura
American Financial Network, Inc., DBA Ideal Lending Solutions, is not a government entity; CORP NMLS# 237341 ; Equal Opportunity Employer ; Equal Opportunity Lender American Financial Network, Inc. 10 Pointe Drive, Suite 330, Brea, CA 92821. Click here to view our current licensing information as listed on NMLS® Consumer Access.

Equal Housing LenderAmerican Financial Network, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

American Financial Network, Inc. is not acting on behalf of or at the direction of the federal government, and this offer is not being made by an agency of the government.