Mortgage Blog

New Conforming Loan Limit for 2018

November 29th, 2017 10:18 AM by Eric Fang

The conforming loan limits increased from $424k to $453,100. The high balance loan limits increased to $679,650. 4 Plex loan limits increased to $1307k. We can take the loans with the new loan limits later December.

Locked two loans today. 5/1 ARM 3% for Duplex Jumbo loan, with no closing cost. This is indeed a very good rate. Locked another jumbo purchase for 30 yr fixed with lender covering $7000 closing cost.

Posted in:General
Posted by Eric Fang on November 29th, 2017 10:18 AM



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