If you need assistance, please call 251-975-3340

News from our Lender Partner

Tuesday, January 11, 2022   /   by Leigh McPherson

News from our Lender Partner


Happy January!!!! I wanted to make sure you all had the updated conforming limits for 2022!! The max conforming limit is now $647,200 (flyer attached) and FHA has gone up to $420,680!! 


Also, both agencies – Fannie and Freddie put out a letter stating that starting in April there will be an adjustment to second home interest rates. They are adding on what they call loan level price adjustments so rates will be going up on second homes.


 


Looking forward to a fantastic 2022!!!


 


RE/MAX of Orange Beach | Leigh McPherson Team
Leigh McPherson
26021 Perdido Beach Blvd
Orange Beach, AL 36561
251-975-3340

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