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2010 Conventional Loan Limits
First Mortgages
These amounts will apply to all conventional mortgages that are delivered to us for cash purchase or MBS pool issuance on or after January 1, 2009 — including mortgages originated prior to that date, provided the original unpaid principal balance (UPB) was equal to or less than the new maximum. Lenders may deliver mortgages with these amounts under any outstanding contracts or commitments. .
Number of Units
|
Maximum Original
Principal Balance |
Alaska, Guam, Hawaii,
and U.S. Virgin Islands Only |
|
1 |
$729,750 |
$938,250 |
|
2 |
$934,200 |
$1,201,162 |
|
3 |
$1,129,250 |
$1,451,925 |
|
4 |
$1,403,400 |
$1,804,387 |
Second Mortgages
We will purchase or securitize a second mortgage, provided that the property is the borrower's principal residence (i.e., not a second home or investment property). The maximum allowable original loan amount for a second mortgage is described in the chart below.
Number of Units
|
Maximum Original
Principal Balance |
Alaska, Guam, Hawaii,
and U.S. Virgin Islands Only |
|
1 |
$208,500 |
$312,750 |
|
2 |
$266,925 |
$400,387 |
|
3 |
$322,650 |
$483,975 |
|
4 |
$400,975 |
$601,462 |
2010 FHA Loan Limits
Please follow this Link https://entp.hud.gov/idapp/html/hicostlook.cfm
Apply for a loan NOW
States we lend in : NY, NJ, CT, PA, MD, CA.
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