Month: December 2020

loan from federal housing administration

Federal Housing Administration Update: Loan Limits Increased for 2021

The Federal Housing Administration (FHA) has announced that, like Fannie Mae and Freddie Mac, are increasing their loan limits.  This increase is a substantial increase from the previous limit and, in many ways, it could have a more significant impact on housing.  FHA loans remain the best option for borrowers who do not qualify for …

Federal Housing Administration Update: Loan Limits Increased for 2021 Read More »

Maximum Conforming Loan Limits in 2020

Conforming Loan Limits Have Increased in 2020. What Does This Mean?

The Federal Housing Finance Agency (FHFA) just announced an increase in conforming loan limits at the end of 2020.  While some counties may vary, this means that Fannie Mae and Freddie Mac Conforming Loans will be available to $548,250 next year.  You can expect that FHA loans to also increase, but there is nothing definitive …

Conforming Loan Limits Have Increased in 2020. What Does This Mean? Read More »

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