We hope you are all having a wonderful holiday season! For this week’s blog we wanted follow-up on our previous article regarding maximum loan limits. We are excited to announce we officially have the 2018 loan limits for FHA and VA.
Will this impact loans in process?
We will evaluate the current loan pipeline to see if any loans fall between the 2017 and 2018 limits. If we see any transactions that can be moved from High Balance or Jumbo to Standard Balance, we will do so.