Conforming Loan Limit Increase 2018
$31,250. Hi, Jennifer Re with Jennifer Re Homes and Keller William. I don't know if you've heard, but Sammy and Freddie have just announced that they're increasing the Federal Conforming Loan Limit from $453,100 to $484,350. That's a $31,250 more buying power for buyers. That is a huge increase, and that's amazing.
Sellers, what does this mean for you? It means that more buyers are going to be available to be pre-qualified to purchase your home. Amazing. If you'd like more information on these new loan limits in your area, please comment below, and make it a great day. When you do what you love, people love what you do.