{"id":7056,"date":"2017-01-03T09:28:29","date_gmt":"2017-01-03T16:28:29","guid":{"rendered":"https:\/\/www.richmondamerican.com\/blog\/?p=7056"},"modified":"2024-01-04T16:02:17","modified_gmt":"2024-01-04T23:02:17","slug":"2017-home-loan-limits","status":"publish","type":"post","link":"https:\/\/www.richmondamerican.com\/blog\/2017-home-loan-limits\/","title":{"rendered":"New Home Loan Limits For 2017"},"content":{"rendered":"<p>Wondering about financing a new home in 2017? Good news! Home loan limits have increased in the new year for several areas across the country. That means more homes may\u00a0qualify for a greater variety of loans\u2014potentially offering you more ways to finance your dream home! While not all areas experienced increases, it\u2019s certainly worth checking to see if your county got a boost. Here\u2019s a breakdown of the recent changes by loan type.<\/p>\n<h3 style=\"padding-top: 15px;\"><strong>Conventional loans<\/strong><\/h3>\n<p><a href=\"http:\/\/www.richmondamericanhomes.com\/2016_Specials\/_images\/_campaigns\/2016-2017_Loan_Limits\/2016-2017_Conventional_Loan_Limits_Comparison.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Conventional loan limits<\/a> at many Richmond American communities saw increases ranging from $7,100 to $54,050, making more homes eligible for down payments as low as 3%! <a href=\"https:\/\/www.richmondamerican.com\/blog\/what-is-a-conventional-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn whether a conventional loan is a good fit for you.<\/a><\/p>\n<h3 style=\"padding-top: 15px;\"><strong>FHA loans<\/strong><\/h3>\n<p><a href=\"http:\/\/www.richmondamericanhomes.com\/2016_Specials\/_images\/_campaigns\/2016-2017_Loan_Limits\/2016-2017_FHA_Loan_Limits_Comparison.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">FHA loan limits<\/a> at many Richmond American communities saw increases ranging from $2,300 to $54,050, making more homes eligible for down payments as low as 3.5%! <a href=\"https:\/\/www.richmondamerican.com\/blog\/what-is-an-fha-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn whether an FHA loan is a good fit for you.<\/a><\/p>\n<h3 style=\"padding-top: 15px;\"><strong>VA loans<\/strong><\/h3>\n<p><a href=\"http:\/\/www.richmondamericanhomes.com\/2016_Specials\/_images\/_campaigns\/2016-2017_Loan_Limits\/2016-2017_VA_Loan_Limit_Comparison.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">VA loan limits<\/a> at many Richmond American communities saw increases ranging from $7,100 to $54,050, making more homes eligible for zero-down mortgages (for active military and veteran buyers and spouses)! <a href=\"https:\/\/www.richmondamerican.com\/blog\/what-is-a-va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Learn whether a VA loan is a good fit for you.<\/a><\/p>\n<p><em>To explore more home loan types, check out our <\/em><a href=\"https:\/\/www.richmondamerican.com\/blog\/a-simplified-guide-to-mortgage-options\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Simplified Guide to Mortgage Options<\/em><\/a><em>. Or contact our affiliate, <\/em><a href=\"http:\/\/www.homeamericanmortgage.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>HomeAmerican Mortgage Corporation (HMC)<\/em><\/a><em>, to learn about current programs and how to qualify. Loan officers are available toll-free at <\/em><a href=\"tel:866-400-7126\" target=\"_blank\" rel=\"noopener noreferrer\"><em>866.400.7126<\/em><\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wondering about financing a new home in 2017? Good news! Home loan limits have increased in the new year for several areas across the country. That means more homes may\u00a0qualify for a greater variety of loans\u2014potentially offering you more ways to finance your dream home! While not all areas experienced increases, it\u2019s certainly worth checking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"ub_ctt_via":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[4],"tags":[381,382,150],"featured_image_src":"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2017\/01\/Homeward_2017LoanLimits.jpg","author_info":{"display_name":"rahblogadmin","author_link":"https:\/\/www.richmondamerican.com\/blog\/author\/rahblogadmin\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>New Home Loan Limits For 2017<\/title>\r\n<meta name=\"description\" content=\"Wondering about financing a new home in 2017? Good news! 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