The Home Loan Mortgage Blog

Breaking News - Conforming Loan Limit Increase

November 26th, 2019 10:40 AM by T. Fanning


                                             
The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020.  In most of the U.S., the 2020 maximum conforming loan limit for one-unit properties will be $510,400, an increase from $484,350 in 2019.

For more information, check out:  Fannie Mae, Freddie Mac loan limit increases to more than $510,000

Thanks and let me know if you have any questions!




LO NMLS: 208694 | CO License: 100008854 | Company NMLS ID: 479289
Regulated by the Colorado Division of Real Estate
www.nmlsconsumeraccess.org
Posted in:General
Posted by T. Fanning on November 26th, 2019 10:40 AM

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