Loan Limits for High Cost of Living areas, Northern Virginia is one of them, are increasing for 2020. The new conforming limit has been increased by $26,050 to $510,400. The new High Balance limits have also been increased by $39,075 to $765,600.
Did you know the increase in these loan limits is typically a result / anticipation of increased home values?
Call or email me anytime to discuss how YOUR real estate plans. I am happy to meet with you and answer any questions you have about buying or selling YOUR home.