Update | Conforming Loan Limits | Cole Mortgage

There is now huge opportunity for First-Time Buyers in this market!

Freddie Mac and Fannie Mae have announced that conforming limit values for one-unit properties have increased by $79,000. That means the limit will be $726,200 in 2023.

What does this mean for you?

This adjustment will positively impact new prospective home buyers by lowering the down payment requirements for a new home.

With rates easing and home prices coming down, now is an ideal time for you to revisit the opportunity of being a homeowner.

I’d love to support you in achieving your homeownership goals with this opportunity in mind. Let’s connect and see what’s possible for you in this market.