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Mortgage loan limits are going up January 1, 2024
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Conforming loan limits going to $766,550 FHA loan limits going to $498,257
HECM going to $1.1 million
That will allow you to get more home without having to go to Jumbo pricing
when rates come down it will be a great opportunity to consolidate debt and have the ability to larger loan amounts.
With home prices continually increasing there is more opportunity to get the home now with Conventional financing that can have easier qualifying, and possible appraisal waiver as well.
Many benefits to going Conventional vs Jumbo financing.
tune in and learn more at https://www.ddamortgage.com/blog
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