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Updated almost 7 years ago on . Most recent reply

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Brie Schmidt
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  • Chicago, IL
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Chicago Real Estate Forum

New Loan Limits - Chicago

Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorPosted

YAY!  Loan limits have been increased for Chicago on conventional loans!  This means the 5% down, 20% down, and 25% down loan programs.  My bank can start using the new loan limits as of December 3rd.  Message me for details on how this impacts your house hacking ability.  

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Second City Real Estate
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

@Michael Facchini - I wish it was higher, I still run into loan limit problems all the time.  But it is a good increase and will help many buyers in Chicago 

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Second City Real Estate
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