Capital Home Mortgage Announces Mortgage Loan Limit Increase For 2022

December 28 14:03 2021
The mortgage servicer and direct mortgage lender offers a complete line of mortgage products for a range of mortgage needs. Because housing prices have increased, many mortgage lenders are increasing their mortgage loan limits for 2022.

Capital Home Mortgage and Dale Gremillion are pleased to announce that the dedicated team of mortgage professionals will be offering a mortgage loan limit increase for 2022. Starting in 2022, the new conforming loan limits will reach up to $647,200 across most of the United States and $970,800 in high-cost areas. Conforming loan limits will increase by nearly $100K for the typical one-unit home. Home prices rose at a record pace in 2021, putting pressure on buyers to obtain larger and larger mortgage loans. Fortunately, the loan limits are keeping up with home price inflation. 

Borrowers won’t need to wait until 2022 to take advantage of the higher loan limits. Many lenders have already begun offering higher loan limits. The Federal Housing Finance Agency (FHFA) has determined that home prices are up by more than 18% on average across the country. Conforming loan limits were raised by the same percentage. 

Additional details can be seen at https://capitalhomemortgage.com/

Capital Home Mortgage is comprised of a dedicated team of mortgage professionals who are focused on customers and making sure that the home mortgage experience is smooth and free of stress. The firm is a full-service residential mortgage company that provides a full line of mortgage products. 

As a direct mortgage lending agency and servicer Capital Home carries a complete menu of mortgage products for every mortgage need. Whether looking to buy a first home, refinance a current mortgage, or consolidate debt, the highly experienced team of professionals will work with clients to create the best loan offering to fit their budget and individual needs. As no two loans are 100% alike, Capital provides the dedicated loan officers with the tools, flexibility, and support to make the best offers for their clients. This forward-leaning approach to borrowing along with a streamlined mortgage process is the proven way to make the American Dream of homeownership a reality for customers. 

About the Company: 

Capital Home Mortgage is an experienced full-service mortgage servicer with a complete line of mortgage products. The professionals work with the preferences in mortgage products and budget constraints. The company wants to make the mortgage experience as stress-free as possible.

Media Contact
Company Name: Capital Home Mortgage, powered by Sun West Mortgage, Inc. NMLS#3277
Contact Person: Dale Gremillion
Email: Send Email
Phone: (800) 804-5181
Address:6131 Orangethorpe Ave.
City: Buena Park
State: CA 90620
Country: United States
Website: https://capitalhomemortgage.com/