FHA is $387,500, Conventional is $417,000... I'm assuming you're inquiring about New Haven County Ct. These amounts are for one unit properties.. You can purchase up to 4 units, and the loan amounts are higher.. 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
$417,000 for Fannie & Freddie Loans. FHA have limits by County. See the link here for those Counties: https://entp.hud.gov/idapp/html/hicostlook.cfm I have provided some good resources in my Lender411 Profile tab under Recommended Websites, so take a look. If I can be of any direct help, please let me know. Thank you!
The typical conventional loan limit is $417,000.00. Go here for more information: http://www.fhfa.gov/webfiles/22769/CTY112211.pdf
If your talking Fannie or Freddie than it is 625,500 and the same for FHA depending on your county. Any loan amount over 417k is considered a high balance loan but still backed by Fannie and Freddie so the rates are extremely good, the guidelines are a little more restrictive over the 417K. Give us a call or shoot us an email if we can help answer any more questions. 201-962-3555 Team@BestMortgageOption.comAsk for Michelle or Benny
We can go up to 8 million on loans conventional depends on the program.
The answer to your question will require some more information. Conventional Conforming up to 417k, conventional high balance up to 625 on a single family, etc. We are a Direct Lender in Conn. Contact me for a free consultation. PBotros@OmegaLoans.net or 908-933-0253 Peter Botros
Beyond asking about the Loan Limits, you should ask who can actually do business in your State of CT so you don't spend time making inquires with individuals and / companies that are not Licensed or Authorized to do business in CT. Just food for thought!
Conforming limit is $417k
In most cases the conforming loan limit is set at $417,000, however these limits vary by county, not by state, so you will want to look it up based on the county you are planning on purchasing a home in.
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