2021 CONFORMING LOAN LIMITS FOR FLORIDA (FL)

2021 Conforming Limit Florida is $548,250 and goes up to $608,350 for high-cost counties for one-unit properties. 2021 Conforming Limit Florida for 2-unit properties is $702,000 and goes up to $778,800 for high-cost counties. 2021 Conforming Loan Limits for Alachua County 1 Unit – $548,250 2 Unit – $702,000 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Baker County 1 Unit – $548,250 2 Unit – $702,000 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Bay County 1 Unit – $548,250 2 Unit – $702,000…continue reading →

2021 FHA LOAN LIMITS FOR CONNECTICUT (CT)

2021 FHA Limit Connecticut is $331,760 and goes up to $601,450 for high-cost counties for one-unit properties. 2021 FHA Limit Connecticut for 2-unit properties is $424,800 and goes up to $769,450 for high-cost counties. 2021 FHA Mortgage Loan Limits for Fairfield County 1 Unit – $601,450 2 Unit – $769,450 3 Unit – $930,700 4 Unit – $1,156,650 2021 FHA Mortgage Loan Limits for Hartford County 1 Unit – $353,050 2 Unit – $451,950 3 Unit – $546,300 4 Unit – $678,950 2021 FHA Mortgage Loan Limits for Litchfield County 1 Unit –…continue reading →

2021 CONFORMING LOAN LIMIT CONNECTICUT (CT)

2021 Conforming Limit Connecticut is $548,250 and goes up to $601,450 for high-cost counties for one-unit properties. 2021 Conforming Limit Connecticut for 2-unit properties is $702,000 and goes up to $769,450 for high-cost counties. 2021 Conforming Loan Limits for Fairfield County 1 Unit – $601,450 2 Unit – $769,450 3 Unit – $930,700 4 Unit – $1,156,650 2021 Conforming Loan Limits for Hartford County 1 Unit – $548,250 2 Unit – $702,000 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Litchfield County 1 Unit – $548,250 2 Unit – $702,000…continue reading →

2021 FHA LOAN LIMITS FOR COLORADO (CO)

2021 FHA Limit Colorado is $356,362 and goes up to $822,250 for high-cost counties for one-unit properties. 2021 FHA Limit Colorado for 2-unit properties is $424,800 and goes up to $1,052,650 for high-cost counties. 2021 FHA Mortgage Loan Limits for Adams County 1 Unit – $596,850 2 Unit – $764,050 3 Unit – $923,600 4 Unit – $1,147,800 2021 FHA Mortgage Loan Limits for Alamosa County 1 Unit – $356,362 2 Unit – $456,275 3 Unit – $551,500 4 Unit – $685,400 2021 FHA Mortgage Loan Limits for Arapahoe County 1 Unit – $596,850 2…continue reading →

2021 CONFORMING LOAN LIMITS FOR COLORADO (CO)

2021 Conforming Limit Colorado is $548,250 and goes up to $822,200 for high-cost counties for one-unit properties. 2021 Conforming Limit Colorado for 2-unit properties is $702,000 and goes up to $1,052,650 for high-cost counties. 2021 Conforming Loan Limits for Adams County 1 Unit – $596,850 2 Unit – $764,050 3 Unit – $923,600 4 Unit – $1,147,800 2021 Conforming Loan Limits for Alamosa County 1 Unit – $548,250 2 Unit – $702,000 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Arapahoe County 1 Unit – $596,850 2 Unit…continue reading →

2021 FHA LOAN LIMITS FOR CALIFORNIA (CA)

2021 FHA Limit California is $356,362 and goes up to $822,375 for high-cost counties for one-unit properties. 2021 FHA Limit California for 2-unit properties is $456,272 and goes up to $1,053,000 for high-cost counties. 2021 FHA Mortgage Limits for Alameda County 1 Unit – $822,375 2 Unit – $1,053,000 3 Unit – $1,272,750 4 Unit – $1,581,750 2021 FHA Mortgage Limits for Alpine County 1 Unit – $463,450 2 Unit – $593,300 3 Unit – $717,150 4 Unit – $891,250 2021 FHA Mortgage Limits for Amador County 1 Unit – $364,550 2 Unit –…continue reading →

2021 CONFORMING LOAN LIMITS FOR CALIFORNIA (CA)

2021 Conforming Limit California is $548,250 and goes up to $822,375 for high-cost counties for one-unit properties. 2021 Conforming Limit California for 2-unit properties is $702,000 and goes up to $1,053,000 for high-cost counties. 2021 Conforming Loan Limits for Alameda County 1 Unit – $822,375 2 Unit – $1,053,000 3 Unit – $1,272,750 4 Unit – $1,581,750 2021 Conforming Loan Limits for Alpine County 1 Unit – $548,250 2 Unit – $702,000 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Amador County 1 Unit – $548,250 2 Unit –…continue reading →

2021 FHA LOAN LIMITS FOR ARIZONA (AZ)

2021 FHA Limit Arizona is $356,362 and goes up to $389,850 for high-cost counties for one-unit properties. 2021 FHA Limit Arizona for 2-unit properties is $456,275 and goes up to $499,050 for high-cost counties. 2021 FHA Mortgage Loan Limits for Apache County 1 Unit – $356,362 2 Unit – $456,275 3 Unit – $551,500 4 Unit – $685,400 2021 FHA Mortgage Loan Limits for Cochise County 1 Unit – $356,362 2 Unit – $456,275 3 Unit – $551,500 4 Unit – $685,400 2021 FHA Mortgage Loan Limits for Coconino County 1 Unit – $389,850 2…continue reading →

2021 CONFORMING LOAN LIMITS FOR ARIZONA (AZ)

2021 Conforming Limit Arizona counties is $548,250 and for 2-unit properties is $702,200. See below the list of all 2021 Conforming Limit Arizona counties for 1, 2, 3, and 4 Unit properties. 2021 Conforming Loan Limits for Apache County 1 Unit – $548,250 2 Unit – $702,200 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Cochise County 1 Unit – $548,250 2 Unit – $702,200 3 Unit – $848,500 4 Unit – $1,054,500 2021 Conforming Loan Limits for Coconino County 1 Unit – $548,250 2 Unit – $702,200…continue reading →
Mortgage Refinancing and Automation: More Important than Ever Before

Mortgage Refinancing and Automation: More Important than Ever Before

We are in the midst of an extraordinary year that has seen a surprising turn in the mortgage industry. The fact that the COVID-19 pandemic has had unprecedented economic impacts doesn’t need to be overstated. In the case of mortgage refinancing especially, record low rates have led to extraordinarily high rates of refinancing. Black Knight reported that the second quarter of 2020 saw refinance lending rise more than 200% from the same time last year.  Mortgage professionals will agree that there is one overarching problem with the refinance process as it currently stands:…continue reading →