Posted To: MBS Commentary
In short, the general loan limits remain unchanged from 2015's levels, but several high-cost county limits have been increased. The FHFA provided a useful PDF that exclusively highlights those counties HERE . Alternatively, here is the entire list (click to enlarge): As a reminder, Fannie Mae has a useful Loan Limit Look-Up Table which has been revised with 2016's new amounts. Clicking this link will prompt a download of the excel spreadsheet, which includes every county's loan limits and numerical codes. Or you can access Fannie's loan limit page HERE . Here are a few interesting factoids from the spreadsheet: Alaska is the state with highest number of counties at the high-cost max. Virginia has the most when it comes to the lower 48 states The overall New York/Newark metro...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1T4nlKD
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