• The loan limits for FHA, Va, and Conventional

  • Jun 13 2024
  • Length: 3 mins
  • Podcast

The loan limits for FHA, Va, and Conventional By cover art

The loan limits for FHA, Va, and Conventional

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  • Summary

  • For Conventional loans, limits are now at $766,550 before entering Jumbo territory. You can buy a home for $806,842 putting 5% down and still be Conventional.
    Now for FHA the loan limit is $498,257. you can buy a home for $516,328 putting 3.5% down now
    A VA mortgage can go up to $2,000,000 with no money down.
    100% financing up to $2,000,000
    With the cost of everything going up, it is nice to see the Government increasing the loan limits to accommodate the higher prices

    tune in and learn at https://www.ddamortgage.com/blog

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