2022 Loan Limits
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Wednesday, December 1st, 2021
On today’s show, Debbie and Heidi reflect on their uneventful yet very relaxing long-needed weekend.
They then jump right into the trending hot topics of the Mortgage and Real-Estate Industry. Debbie makes a big announcement of the “new” changes on Loan Limits in the states/counties that her radio show is airing in. Those are:
- San Antonio, Texas (Bexar County) – $647,200.00
- Los Angeles, California (LA County) – $970,800.00
- Savannah, Georgia (entire state) – $647,200.00
- Arizona (entire state) – $647,200.00
- Seattle, Washington (King County) – $891,250.00
- Nevada (entire state) – $647,200.00
Debbie explains how these loan limits make it more feasible for buyers to put less down when purchasing a home.
Debbie goes onto explain the difference between FHA Loans and Conventional Loans along with the benefits that each type of loan provides.
They take a great question regarding an Insurance Binder and how that works in the industry.
Debbie and Heidi continue answering listeners questions throughout the hour!
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Debbie Marcoux is licensed by the Department of Financial Institutions under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID-167867, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926