Freddie Mac, Fannie Mae Set Maximum Loan Limits for 2012
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Freddie Mac, Fannie Mae
Maximum Loan Limits Set For 2012
Greetings from the Fran Campbell team! We hope your holiday weekend was wonderful and relaxing. We strive to always keep our followers on our Blog, Facebook page, Twitter Feed, and other social media channels up to date with current real estate news.
Here is the latest and greatest on loans offered by Freddie Mac and Fannie Mae.
The biggest loan that comes with a Fannie Mae or Freddie Mac guarantee will remain the same in 2012 for the entire US with the exception of Fairfield County, Connecticut where where the limit will rise to $625,500 — the same maximum loan size available in other high-cost areas.
In a nutshell, here are the limits:
- $417,000 for mortgages on one-unit properties
- $533,850 for mortgages on two-unit properties
- $645,300 for mortgages on three-unit properties
- $801,950 for mortgages on four-unit properties
Here is a link to check the loan limit in the Lake of the Ozarks real estate market, as well as other areas around the USA - http://Be sure to "Like"our Facebook page, "Follow"us on Twitter, and "Connect" with the Fran Campbell Team on LinkedIn.
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