It was announced recently that Conventional Loan & FHA Loan Limits are increasing in 2022. It's a significant jump from previous years. This is awesome & much needed for real estate in Utah

Dated: December 10 2021
Views: 269
It was announced recently that Conventional Loan & FHA Loan Limits are increasing in 2022. It's a significant jump from previous years. This is awesome & much needed for real estate in Utah!
First Colony Mortgage have put together a few quick numbers on what prices can now be with a minimum down payment & how great this is for buyers.
Max Purchase price with minimum 5% down- $577,100
Max purchase price with minimum 5% down- $681,250 (increase of $104,000 from 2021 limit with minimum down payment!)
Max purchase price with min 3.5% down- $455,000
Max purchase price with min 3.5% down- $526,700 (Increase of $71,000+ from 2021)
Max Purchase price with min 3.5% down- $469,500
Max Purchase price with min 3.5% down- $542,000 (increase of $72,000+ from 2021)
The Sumsion name has been engrained in the Utah community for almost 2 centuries! We are a grass-roots, family-owned business and the satisfaction of our clients will always be our #1 priority. Wheth....
It was announced recently that Conventional Loan & FHA Loan Limits are increasing in 2022. It's a significant jump from previous years. This is awesome & much needed for real estate in Utah
There are a lot of solid reasons why listing your house in the winter, rather than waiting for spring, can actually be really smart. Of course everyone’s situation is different, and an
The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than
During the home selling process, one of the most important moments you can provide to potential buyers is a spectacular first impression. Homes with high curb appeal traditionally sell for up to 7%