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2. Conforming loan limits in 2024 - AOL

   www.aol.com/finance/conforming-loan-limits-2024...

   Conforming loan limits in 2024 ... housing markets — including much of California, all of New York City, the District of Columbia and the entire states of Alaska and Hawaii — the limit is ...

3. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Conventional 97 mortgage: This conventional loan, backed by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, requires just 3 percent down and a minimum credit score of 620.

4. Guide to first-time homebuyer grants - AOL

   www.aol.com/finance/first-time-homebuyer-grants...

   Because they’re essentially free ... If you plan to get a HomeReady or Home Possible conventional loan between now and February 2025, you might also qualify for a $2,500 credit if your income ...

5. Conforming loan - Wikipedia

   en.wikipedia.org/wiki/Conforming_loan

   The most well-known guideline is the size of the loan, which for 2024 was generally limited to $766,550 for one-unit single family homes in the continental US. [2] Other guidelines include borrower's loan-to-value ratio (i.e. the size of down payment), debt-to-income ratio, credit score and history, documentation requirements, etc. [3]

6. Conforming loans: What they are and how they work - AOL

   www.aol.com/finance/conforming-loans-203505330.html

   These requirements include: Loan limit ... (In 2024, the limit jumps to $766,550 in most areas and $1,149,825 in high-cost regions.) ... A conventional loan is any loan that isn’t guaranteed or ...

7. Super jumbo mortgage - Wikipedia

   en.wikipedia.org/wiki/Super_jumbo_mortgage

   In a conventional mortgage with principal and interest or interest only amortization, the borrower would be required to take out a second mortgage or line of credit to accomplish the same goal, but CLTV guidelines from most super jumbo lenders preclude the use of most of these products for this purpose.