Thursday, December 01, 2005

Loan Limits Raised

FHLMC/FNMA raise conforming loan limits - More borrowers will be eligible for conforming loans in 2006 – translation: lower interest rate loans (conforming loans) will be available for higher loan amounts!

Limits for multi-family loans:

2 units: $533,850

3 units: $645,300

4 units: $801,950.