AC-027 SUSPENSION Conventional Conforming Loan Limits
IMPORTANT NOTICE TO ALL CUSTOMERS
SUSPENSION of Increased Conventional Conforming Loan Limits (Fannie Mae and Freddie Mac)
Effective immediately, conventional conforming loan limits for 1-4 Unit Properties will follow standard loan limits for 2022. FLCBank has decided to wait until the announcement from FNMA and FHLMC on where the new loan limits will settle. Until that announcement, you may take advantage of our 2nd mortgage HELOC’s or Closed End Second Mortgage products when needed to reach higher loan financing.
| Units | Previous Increased Loan Limit | New Loan Limit |
| 1 | $700,000 | $647,200 |
| 2 | $895,000 | $828,700 |
| 3 | $1,080,000 | $1,001,650 |
| 4 | $1,345,000 | $1,244,850 |