Correspondent Lending 2018 Conforming Loan Limits
Re: Conforming Loan Limits
Date: January 5, 2018
AIG Correspondent Lending will recognize the 2018 loan limit increases announced by Fannie Mae for all locks received on or after January 1, 2018.
The new base loan limit for most counties will be $453,100.
The new ceiling in high-cost areas will be $679,650 for one unit properties, and will be based on county location.
As with all conforming loans, an acceptable DU Approve Eligible determination must be included in the loan file supporting the increased loan limit.
Please contact Shane Larscheid, Vice President of Sales with any questions related to this announcement.
Thank you and Happy New Year.