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Fannie-Freddie to Raise
Conforming Loan Limits in 2017
The Federal Housing Finance Agency (FHFA)
today announced that the maximum baseline
conforming loan limit for mortgage loans Logo Design Based off Fonts: Michroma and Montserrat
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acquired by Fannie Mae and Freddie Mac in 2017
will increase to $424,100 from $417,000. This will be
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the first increase in the conforming loan limit since
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it was raised to $417,000 in 2006.
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The Housing and Economic Recovery Act of
Do NOT add a shadow, outline or distort the logo in any way. median home value exceeds the baseline loan
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2008 (HERA) established $417,000 as the baseline limit, the maximum area loan limit will be higher.
loan limit and mandated that after a period of The new ceiling loan limit in high-cost markets will
price declines, the baseline loan limit would not be be $636,150 (150% of the $424,100) for single-family
permitted to rise until home prices had returned to Reverse Versions
properties. The previous ceiling was $625,500.
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pre-decline levels. Special statutory provisions establish different
The loan limit will rise 1.7% in 2017 because FHFA loan limit calculations for Alaska, Hawaii, Guam
has determined that the average U.S. home value and the U.S. Virgin Islands. In these areas, the
in the third quarter of this year increased 1.7% baseline loan limit will be $636,150 for single-family
above its level in the third quarter of 2007. properties, but actual loan limits may be higher in
Higher loan limits will be in effect in higher-cost some specific locations.
areas as well. In areas where 115% of the local NAHB DEC 2017
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Welcome to Centricity.
A company centered around you.
We are Centricity, (formerly Bonded Builders
Warranty Group and Bankers Warranty Group)
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logo version a single-source service and protection partner.
We provide all of the products and services you
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expanded range of coverages and enhancements
to help you better serve your customers while
streamlining business processes.
Get in touch to learn how Centricity can
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help you sell more homes.
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Linda Strickel
Regional Sales Manager for Central Texas
Greyscale Version lstrickel@centricity.com
DIRECT 800.749.0381 x4732
MOBILE 512-797-4500
Visit us at centricity.com.
CEN 11686 0617
Centricity Color Pallette
JANUARY 2018 | GREATER SAN ANTONIO BUILDERS ASSOCIATION 25
hex #002c50 | pms 655
Minimum Clear Space – Thick part of C Mark width c=100 m=37 y=0 k=76
hex #8dc63f | pms 7488
c=50 m=0 y=100 k=0
hex #009bda | pms 298
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hex #00558b | pms 7692
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hex #dad7d6 | pms cool grey 3c
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#3d3d3d | pms cool grey 11c
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#f49302 | pms 137
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