2019 Fannie and Freddie Conforming Loan Limit for Condos and Lofts Increase to $484,350
Fannie Mae and Freddie Mac recently announced that the maximum conforming loan limits will be raised from $453,100 to $484,350 for condo and loft purchasers and owners. This is a jump of 6.9%!
The increase in the confirming loan limit means more flexible conventional financing is available to a greater number of condo and loft homebuyers and homeowners. The new loan limits for 2019 are in effect for condos and lofts loans closed on or after December 17th, 2018! Happy Condo and Loft buying and refinancing:)