Conforming, FHA loan limits rose for 2024, but who benefits?
Housing Wire
DECEMBER 1, 2023
. “With the latest Federal Housing Finance Agency (FHFA) announcement, he could qualify for a conforming loan paying a 5% down payment of roughly $40,000 rather than $80,000 – which could have put him on the sideline. For high-cost areas, the loan limit is $1.149 million.
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