New Loan Conforming Loan Limits for Grand County 

Grand County’s conforming loan limit is expected to increase to $715,000 in 2023 for one-unit properties.  This represents a 10% jump from the 2022 limit.  Several lenders are honoring the higher limit now, in advance of the Federal Housing Finance Agency’s (FHFA) official announcement later this year.

This is exciting news for buyers planning to borrow between $647,201 and $715,000, who can now finance their purchase with a conforming loan!  Compared to jumbo mortgages, conforming loans offer greater flexibility with underwriting – including eligible income, maximum debt to income ratio, minimum credit score, and down payment requirements. 

Questions about financing?  I’d love to connect with you! 

Amy Hoover, Guest Blogger & Loan Originator, Streamline Home Loans

NMLS #684823

47 Cooper Creek Way #226, Winter Park, CO 80482

Mobile 970.315.3316

Posted by Angela McDonough (Sandstrom) on
Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.