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An Increase In Conforming Loan Limits In 2022?!?! What This Means For YOU (Tools)

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Manage episode 318206701 series 2820712
Content provided by Donny Coram. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Donny Coram or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As 2022 gets rolling, the Federal Housing Finance Agency has decided to increase conforming loan limits to $647,000. This means that homeowners can qualify for a home for as much as $647,000 through government organizations like Fannie Mae and Freddie Mac. We have seen home prices appreciate at an astounding rate over the last few years, and in some markets, buyers who were looking to use these government mortgage programs have consistently been priced out of their dream of homeownership. At $548,250 in 2021, we can see the loan limit had to make a significant jump to match market appreciation, but what does the loan increase in 2022 mean for the flipper looking to put their newest project back on the market or the landlord watching his property value and equity position increase? Tap in to hear the Foreclosure Deals Coach's take on this critical development and learn how you can capitalize on this significant change in the housing industry.
Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters
Here's a link to the article Donny discussed in today's episode:
Higher Mortgage Loan Limits Take Effect

Want to get started?
Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Reach out to Jonathan to learn more about the Foreclosure Deals Coach Program!

We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free

🚀 Master Foreclosure Investment with Donny
Learn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
👉 Enroll Now
💡 Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
👉 Schedule Your Call Now
🔥 Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
👉 Facebook Group
🌐 The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
👉 Official Website
🤝 Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
👉 LinkedIn
👉 Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.

  continue reading

226 episodes

Artwork
iconShare
 
Manage episode 318206701 series 2820712
Content provided by Donny Coram. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Donny Coram or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As 2022 gets rolling, the Federal Housing Finance Agency has decided to increase conforming loan limits to $647,000. This means that homeowners can qualify for a home for as much as $647,000 through government organizations like Fannie Mae and Freddie Mac. We have seen home prices appreciate at an astounding rate over the last few years, and in some markets, buyers who were looking to use these government mortgage programs have consistently been priced out of their dream of homeownership. At $548,250 in 2021, we can see the loan limit had to make a significant jump to match market appreciation, but what does the loan increase in 2022 mean for the flipper looking to put their newest project back on the market or the landlord watching his property value and equity position increase? Tap in to hear the Foreclosure Deals Coach's take on this critical development and learn how you can capitalize on this significant change in the housing industry.
Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters
Here's a link to the article Donny discussed in today's episode:
Higher Mortgage Loan Limits Take Effect

Want to get started?
Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!
https://4clsd.co/fdc
Reach out to Jonathan to learn more about the Foreclosure Deals Coach Program!

We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!
Sign Up For Your Free

🚀 Master Foreclosure Investment with Donny
Learn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
👉 Enroll Now
💡 Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
👉 Schedule Your Call Now
🔥 Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
👉 Facebook Group
🌐 The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
👉 Official Website
🤝 Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
👉 LinkedIn
👉 Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.

  continue reading

226 episodes

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