Friday, February 22, 2013

2013 Conventional Loan Limits

Fannie Mae and Freddie Mac have announced that the loan limits for Colorado will remain the same in 2013.  Here are the limits for the Metro Denver counties:
  • One unit = $417,000
  • Two units = $533,850
  • Three units = $645,300
  • Four units = $801,950
If the loan amount is at or below the limits listed above, then the loan amount conforms to the Fannie Mae and Freddie Mac guidelines, and the interest rate will be cheaper than it would be for a jumbo loan (a loan amount greater than the limits listed above).

Getting a loan approved is easy - if you know what to do.  The Mortgage Experts know what to do!!!

Make sure you check out our web site:

By the way, don't forget to refinance your current mortgage.  Rates are very, very low right now.  Don't miss out!  Call us today to get the details for your particular situation.

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