What is the maximum loan amount I can get from Metlife?
Asked a year ago
The maximum loan amount one can get from Metlife for home loans varies depending on various factors such as the borrower's creditworthiness, income, and the appraised value of the property. Metlife offers a range of loan options, including conventional loans, FHA loans, and jumbo loans. These loans have different maximum loan limits. Conventional loans usually have limits set by Fannie Mae and Freddie Mac, which can range from $548,250 to $822,375, depending on the location of the property. FHA loans have maximum limits set by the Federal Housing Administration, typically ranging from $356,362 to $822,375. Jumbo loans, on the other hand, do not conform to these limits and can go up to several million dollars. It is advisable to contact Metlife directly or use their online mortgage calculator to determine the maximum loan amount available based on individual circumstances.
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