Tuesday, March 4, 2014

Mortgage information for Jumbo Loans


JUMBO LOAN INFORMATION

FHA:
Collier County did NOT change.  There is a great misconception out in the market place regarding the 2014 jumbo loan limits.  Certain counties did change significanty, Collier did NOT!!
  
Lee County = $271,050
Collier County = $448,500
  
Here is the link to HUD showing all 2014 FHA loan limits by county: HUD LOAN LIMITS 2014
  
CONFORMING:
For MOST Counties:  $417k
Collier is considered a high cost area and will go up to:  $448,500
  
Here is the link to Fannie Mae showing limits by county:FANNIE MAE LOAN LIMITS 2014
 
For more information about real estate in Marco Island/Naples area, please contact me at 239-404-7471.