OUR BLOG

29 Nov 2017

2018 Maricopa County Loan Limits Increased

Good news for Arizona Home Buyers in Maricopa County… the loan limit for Conventional Financing in 2018 is scheduled to increase to $453,100. That’s nearly a $30K bump over 2017.

 

With home prices having continued to rise, this will help many take advantage of 3-5% Down Payment options with a Conventional Loan versus needing to go the “Jumbo” product route. FHA Loan limits are below $300K so Conventional plays a big role in our mid range market.

brokerjustin

Write a Reply or Comment