Banknotes Blog
How We Became Lake Ridge Bank
We knew right from the start that one of the most important decisions we would need to make was what to name our new bank.
With the current inventory of homes for sale in Dane County down more than 10 percent from last year at this time, many people on the hunt for a home are considering building as another option for their situation. While there are distinct pros and cons for both building and buying a home that make either option a viable solution, the financing process can be more complicated to navigate when building.
For 2022, the conforming loan limits will jump an unprecedented 18 percent to $647,200 for single-family homes, with laddered increases for multi-family residences with up to four units. While you may think the upper limits for borrowing don’t really affect you, the truth is that this big increase is good news for homebuyers at a wide range of borrowing levels.