Exciting news coming for 2020! The new Conforming Loan Limit for most of Denver Metro Area is going to be $510,400 which is up from $484,350 in 2019.
The new "High Balance" loan limit will be $575,000 which is up from $561,200.
The High Balance Conforming loan limit in Boulder County will be $644,000 which is up from $626,750 in 2019.
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What does this mean to you? Due to the increased rising prices in the Denver Metro Real Estate Market that you can now finance more home and qualify for the conforming rates rather than moving to a High Balance or Jumbo loan.
Thinking of purchasing a home? The first step is to get your mortgage in place so you are prepared to make an offer once you find that perfect home!
Give us a call we work with some of the finest mortgage professionals in Denver. Love to connect you and get the process started.
