How to buy a house with low down payment? Conforming Loan Limits have increased in each county!
In this video Karan tells you what the new loan limits are in your county and how you can qualify for a home with very little down payment. Most counties have increased their conforming loan limit to $726, 200, with high cost counties increasing theirs to $1,089,300, making it a wonderful situation for First Time Buyers. This means that more mortgage loans will now fall under the conforming loan bracket instead of a jumbo loan, increasing your chances of buying your dream home with as low as 3% down! Watch this video to see real time scenarios on screen to find out how this can be applicable to your buying situation.
