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2018 FHA Loan Limits Announced

2018 FHA Loan Limits Announced

The 2018 FHA loan limits where announced, they increased to $529,000 one-family for Denver metro area.  This is great news for Denver metro area, and has followed in suit with 2018 conventional loan limits that were announced last week.

Here is a quick guide to find FHA loan limits for 2018 on your own.  Go to HUD.gov then you will sort by county, state and will want to put in CY2018.

Great option if you are looking to purchase and are investment minded is you can purchase a 2, 3 or 4 unit, rent our the remaining units while occupying one unit.  This is a great way to start to invest.  If you would like to discuss or have any questions please give us a call.

 

 

 

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Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.

387 N Corona St #646, Denver, CO 80218.

NMLS Unique Identifier #1838215

Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

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