Saturday, January 4, 2014

2014 Fannie Mae and Freddie Mac Loan Limits

Fannie Mae and Freddie Mac have announced that the loan limits for the Metro Denver counties will remain the same in 2014.  Here are the limits for 2014:  
  • 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).

Does your lender sell directly to Fannie Mae like we do, or do they have lender overlays that prevent loans from being approved? 
Have questions about anything related to a mortgage?  Give us a call and see why they call us The Mortgage Experts.  

Getting a loan approved is easy - if you know what to do.  The Mortgage Experts know what to do!!!  Call us if you want to use the best lenders in Colorado!  

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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