Fannie Mae, Freddie Mac conforming loan limits increase for 2021

November 24, 2020
John A. Rodriguez
First Time Home Buyer, Mortgage News, Real Estate Market News

Great news! Contact Richard Hiskey, loan consultant at iFinance Mortgage, at 760-274-7712 or at richard@ifminc.com for more information on what this means for YOU!

The Federal Housing Finance Agency announced a new baseline conforming loan limit for Fannie Mae and Freddie Mac in 2021: $548,250. This is a 7.5% increase from 2020’s limit of $510,400 and marks the fifth consecutive year of increases from the FHFA.

John A. Rodriguez

John A. Rodriguez is a Senior Mortgage and Home Loan Specialist with iFinance Mortgage Inc. His passion is educating families and individuals to better understand the home loan process, to secure the best financing available, and then to protect their mortgage. Contact John today at jrod@ifminc.com or 949-456-7056! LinkedIn: http://ow.ly/fttL50xQAUi