FHA has updated its list of the maximum mortgage limits for FHA-insured forward mortgages, effective for case numbers assigned on or after January 1, 2018, through December 31, 2018. Freddie Mac will be updating LPA with the new 2018 loan limits December 3, 2017. The FHFA has announced that it has increased the 2018 maximum conforming and high-cost area loan limits for mortgages acquired by Fannie Mae and Freddie Mac.Two government-sponsored enterprises, Fannie Mae and Freddie Mac. Fannie Mae will be updating DU with the new 2018 loan limits the weekend of December 9, 2017. No doc loans, low doc loans, stated income loans, nina, no ratio loans, bank statement.The new 2018 loan limits may be applied effective Monday, Decemto new submissions and to loans currently in the pipeline. If the loan is a high balance/super conforming loan, it is important to check the loan limit for the specific county in which the property is located.Ī complete list of counties, including high-coast area counties and their specific maximum loan limit, may be viewed at Federal Housing Finance Agency. The loan limits indicated below apply to both Fannie Mae and Freddie Mac transactions.Īctual loan limits for certain high-cost counties may be lower than the maximum loan amount identified above. limits on your deductible home mortgage interest. The Federal Housing Finance Agency (FHFA) has announced an increase to the maximum loan limits for 2018 for both conforming and high balance/super conforming loan amounts.
