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2017 New Loan Amounts

If you haven’t heard by now I wanted to let you know loan amounts will be increasing for conventional and government financing effective Jan 1, 2017. As a standard Conventional and Government loan the new loan amounts will be as follows:

Units
Contiguous States, District of Columbia,
and Puerto Rico
1 $424,100
2 $543,000
3 $656,350
4 $815,650

As a Jumbo (or High Balance) Conventional and Government loan the new loan amounts will be:

Units
Contiguous States, District of Columbia
1 $636,150
2 $814,500
3 $984,525
4 $1,223,475

All but 87 counties (or county equivalents) will see a loan limit increase.

Should you have any questions or need my assistance please don’t hesitate to contact me.