Fannie Mae mortgage limit on single family home loans kept at $417,000

Date December 28, 2007

Fannie Mae Keeps Conforming Home Loan Limit at $417,000 on Single Family homes.  Home loans over $417, 000 are subject to jumbo loan quidelines and higher rates.  This is why it may be a good suggestion to do an 80/15 or and 80/10 to avoid jumbo rates.

Jon Spears, 512-577-2958

jon@mylendingplace.com

Texas Home Equity loan and refinance mortgage

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