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Fannie Mae, Freddie Mac conforming loan limits increase for 2021

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.

Read more from Housing Wire here.

Housing Wire Bulletin

John A. Rodriguez

John A. Rodriguez is a Senior Mortgage Banker 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

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