and what it means to
you…
Following the FHFA announcement last week, HUD announced
Friday that they were raising their maximum loan limits for Sacramento, El
Dorado, and Placer Counties. The 2017 limit for conforming was
422,100. For 2018, it is now is $453,100. For high balance, we now
can take a single family FHA loan all the way up to $517,500. For
duplexes, the maximum loan is $662,500 – that’s right! An owner occupied
homebuyer can buy up to $686,500 with only 3.5% down payment.
Call the Easterbrook Team for all your lending
solutions. Also, check out our website for classing coming soon for
homebuyers in January at HomeLoanWorkshop.org.
The Easterbrook Team
"We Make the Loan Process Easy!"
916.850.6050
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