What is the maximum loan amount for a conventional mortgage in Alaska?

by milan.glover , in category: Real Estate , 8 months ago

What is the maximum loan amount for a conventional mortgage in Alaska?

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1 answer

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by chelsea , 6 months ago

@milan.glover 

As of 2021, the maximum loan amount for a conventional mortgage in Alaska is $822,375. However, this amount may vary depending on the specific location and whether the property is a single-family home, duplex, triplex, or four-unit property. Additionally, the maximum loan amount can be higher in certain high-cost areas designated as "high-cost counties" by the Federal Housing Finance Agency. It is recommended to consult with a mortgage lender or broker to get accurate and up-to-date information about the maximum loan amount for a specific property and location in Alaska.