Additional details of your question here for fannie by nnamit_970_730 from Miami, Florida. May 13th 2013
Okaloosa County is not in a High Balance Area as defined by FNMA... the maximum conventional loan limit is $417K Here's the website you can check for yourself.. https://www.fanniemae.com/singlefamily/loan-limits I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages Acquired in Calendar Year 2012 and Originated after 9/30/2011 or Prior to 7/1/2007 1 Unit 2 Unit 3 Unit 4 UnitOKALOOSA18880FL$417,000$533,850$645,300$801,950If the home was a purchase between 7/01/2007 and 9/30/2011 I will need to look it up. Is this for a refi or new purchase?Tim Shacoski
Here is the link for you to look it up. https://entp.hud.gov/idapp/html/hicostlook.cfm It looks like FHA is $312,500. Fannie and Freddie are $417,000. We do have some good jumbo products over $417,000. If you would like to discuss your options go ahead and give me a call p: 888-320-7888 - ken@mortgagesforamerica.org - Ken Burrows
If you are looking a loan amount over $417,000 find a local lender on this forum that offers jumbo loan products. I don't lend in Florida but have a 10% down product with no PMI and can go to a loan amount of $750,000.
Okaloosa County is not in a High Balance Area as defined by FNMA... the maximum conventional loan limit is $417K
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