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HomeSmart Stars
HomeSmart Stars
Brenda Thompson, HomeSmart StarsPhone: (972) 798-5334
Email: [email protected]

Tag: Loans

How Conforming Loan Limit Increase Affects the Jumbo Market
Posted on 01/12/2020
How Conforming Loan Limit Increase Affects the Jumbo Market
Image by Arek Socha from Pixabay If you bought a house that was over $484,350 prior to 2020, you had to get a jumbo loan, which is a non-conforming loan. The Federal Housing Finance Agency (FHFA) increased the limit on conforming loans to $510,400 in most areas. The FHFA also increased the loan limit to $765,600 in some...
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