2007 conventional conforming loan limits - NO CHANGE from 2006
Property type All states (except Alaska and Hawaii) Alaska and Hawaii One-unit $417,000 $625,500 Two-unit $533,850 $800,775 Three-unit $645,300 $967,950 Four-unit $801,950 $1,202,925 VA loan limits - NO CHANGE from 2006
The available entitlement amount for eligible VA borrowers is located on their Certificate of Eligibility. The maximum guaranty amount for purchase and construction loans in excess of $144,000 is 25% of the Freddie Mac conforming loan limit for a single-family residence.
Property type All states (except Alaska and Hawaii) Alaska and Hawaii One- to Four-units $417,000 $625,500 2007 FHA floor limits - NO CHANGE from 2006
Property type All states One-unit $200,160 Two-unit $256,248 Three-unit $309,744 Four-unit $384,936 Listed below are recommended lenders that you can contact to get pre-approved for financing:
Matt Walther, President
Mortgage Bancorp
phone: 847-776-5353
email: matt@mortgagebancorp.comConni A. Murphy, Loan Officer
Chase Home Finance Division
phone: 847-421-1515
email: constance.a.murphy@chase.com
Kim White, Mortgage Consultant
Shamrock Bancorp, Inc.
phone: 773-213-4227
email: kimwhite@shamrockbancorp.com
Jeff Gennarelli, Loan Consultant
Mortgage Direct
Phone: 773-895-6443
email: jgennarelli@mtgdirectnow.com
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