Definitions for "Maximum Loan Amount"
Maximum amount which is financed under a scheme,it is normally represented as a fixed amount or percentage of the value of the asset.
The greatest amount of money that a borrower is qualified to borrow.
Highest loan dollar amount allowed under federal or conventional guidelines. In commercial real estate, the highest loan dollar amount that a property can support based on projected income.
Keywords:  freddy, fannie, largest, mac, mae
The largest loan size permitted on a particular loan program. For programs where the loan is targeted for sale to Fannie Mae or Freddy Mac, the maximum will be the largest loan eligible for purchase by these agencies. On FHA loans, the maximums are set by the Federal Housing Administration, and vary somewhat by geographical area.