The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021.
FHFA raises conforming loan limits for 2021
November 25, 2020 / By ICBA
The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021.
The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021.
The limit for one-unit properties in most parts of the country will rise to $548,250, an increase from $510,400 in 2020. The maximum loan limit will be higher for areas in which 115 percent of the local median home value exceeds the baseline loan limit.
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