New Conforming Loan Limits! Lunch & Learn w/Me & Anne Toth from Loan Depot @ Coach’s Grille Dublin

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New Conforming Loan Limits! Lunch & Learn w/Jason featuring Anne Toth from Loan Depot @ Coach’s Grille in Dublin (https://www.thecoachsgrille.com/)

New loan limits for 2022 are being announced, and we want to make sure you don’t miss out on any information that can help you.

The updated limits for each loan program are listed below:

2022 FHFA Conforming and VA Loan Limits Baseline loan limit: $647,200 Ceiling limit for high-cost areas: $970,800

Although the VA eliminated loan limits effective in 2020, the VA follows loan limits set by the Federal Housing Finance Agency (FHFA) on conforming loans for VA-eligible borrowers with less-than-full (referred to as ‘remaining’) entitlement. There are no loan limits for Veterans and service members with full entitlement; however, they still must qualify for the requested loan amount based on their credit profile, income, and assets.

Watch this video and please feel free to reach out anytime 😁 👍 🏡 📱 (925) 899-0825 📧 Jason@JasonCaskie.com Cal BRE# 01347068