New Mortgage Loan Limits

The FHA, Fannie Mae and Freddie Mac all released their new loan limits for 2017 this week.  FHA, which insures mortgage loans with down payments of just 3.5%, increased the maximum loan they will insure from $299,000 to 308,200.  That will definitely help a good number of central Indiana buyers and sellers.  Fannie and Freddie increased their max loan limit from $417,000 to $424,100.  There will be a few local buyers that will find Kthat of benefit.  (Those numbers are quite a stretch from back when I bought my first house and the max loan was just $33,000!)

I spent 17 years doing mortgages, helping 3000+ home owners to buy or refinance their home mortgages.  And I still have a lot of really great contacts.  If I can put you in touch with someone who can help you improve your financial future, just say the word!

“I work harder to  make good things happen!

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