Conforming Loan limits

Doctor Loan with Conforming Loan limits

Conforming loans are conventional loans that meet bank-funding criteria set by Fannie Mae (FNMA) and Freddie Mac (FHLMC) as it relates to the loan size limit. Both of these stock-holding companies buy mortgage loans from lending institutions and secure them for resale to the investment community. Every year, form October to October, Fannie Mae and Freddie Mac establish limits on what constitutes a conforming loan in a mean home price. If the Doctor Loan performs well over a course of 2 years it may then be eligible for sale to FNMA or FHLMC. This of course does not alter the terms to the borrower, nor where the monthly payment is made, that all continues to remain the same.

Buying back mortgage loans allow these agencies to provide a continuous flow of affordable funding to banks that reinvest their money back into more mortgage loans. Fannie Mae and Freddie Mac only buy loans that are conforming, to repackage into the secondary market – effectively decreasing the demand for non-conforming loans.

Conforming Loan Limits:

Number of Units Maximum loan  balance Based upon County limitations maximum loan  balance
1 $417,000 $625,500


The Doctor Loan – offered in the following States

Presently lending 100% financing in Alabama, Florida, Georgia, Tennessee, South Carolina, North Carolina, West Virginia, Kentucky, Missouri, Wisconsin, Michigan, Indiana, Ohio, Illinois, Pennsylvania, California, and Texas.

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