#home buyer

The new ceiling loan limit for one-unit properties in 2020 will be $765,600—a nearly $40,000 increase from $726,525 in 2019. As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2020 in all but 43 counties or county equivalents in the US.

The moment you decide to buy a house, work with a lender to get pre-approved for a mortgage loan. Knowing how much you qualify for will narrow down your options and help direct your search.

A free one-day “one-stop” Kamalani workshops are being offered on Oct. 1 and 22, 2016. Kamalani’s first homes are expected to be finished in 2017.