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USDA Loan Limits 2017

USDA Loan Limits 2017

Press Release:

March 31st, 2017

Effective today USDA raised the area loan limits for Colorado. Generally speaking homes financed under the program must be under 2000 square feet. USDA loans are a powerful tool if you buy outside the city~

County or Equivalent Limit Effective 1-6-2017

As you may or may not know USDA loans do require that the property address is eligible for USDA loans. You can always check eligibility on the property location on the USDA website here is a link to that. For more information on USDA loan program basics check out the link here. The USDA loan program is an amazing tool to be able to put no money down in areas where the home is eligible. For more information or questions let us know.

Ray / Ph: 303-779-0591 x101

Insta: https://www.instagram.com/mortgagemaestro/

 

 

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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.

Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.

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