FHFA Bumps Conforming Loan Limit To $806,500
The 5.2% increase from 2024's ceiling of $766,550 is less than 2024's 5.5%.
The 5.2% increase from 2024's ceiling of $766,550 is less than 2024's 5.5%.
Pennymac increased its conforming loan limit to $802,650
Starting today, brokers working with Rocket Pro TPO can loan up to $802,650, up from 2024's $766,550.
FHFA Announces 5.6% Increase in Conforming Loan Limits for 2024
EVP Mike Fawaz underscores the move's competitive edge, marking the firm's second consecutive year ahead of FHFA's anticipated adjustments.