New Real Estate Loan Limits

New Real Estate Loan Limits

Fannie Mae just raised its loan limits:

Single Family       Was $359,650     Now $417,000
Two Family       Was $460,400     Now $533,850
Three Family       Was $556,500     Now $645,300
Four Family       Was $691,600     Now $801,950

Loans greater than this would fall into the jumbo loan category and will usually require different qualifications and higher interest rate.

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