BobMortgage Zone: Conforming Loan Limits Increase — What Buyers Need to Know
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Ever find yourself in a lending no-man’s land? As home prices have gone up, conventional loan limits have lagged, leaving fewer options for those who want to buy a pricier home that doesn’t fit in the “jumbo” category, which has stricter underwriting requirements. This could be a boon for so many homebuyers!
Sound confusing? Educate yourself with our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk:
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