Conforming Loan Limits Unchanged For 2012
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
As signed into law last Friday, maximum FHA loan limits are -- once again -- as high as $729,750.
For homeowners in high-cost areas nationwide, conforming and FHA loan limits have dropped by as much as 14 percent.
If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent.
In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country's conforming mortgage loan limit.
The FHA published its 2010 loan limits. There's no change from 2009.