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Published 2 years ago by lukeskar with 0 Comments

2020 Conforming Loan Limits

The overall strong real estate market has seen major booms in the last few years. The increase in average prices have led to a change in the conventional loan limit, yet again.

  • The overall strong real estate market has seen major booms in the last few years. The increase in average prices have led to a change in the conforming loan limit, yet again.

    For the year 2020, the maximum loan amount allowed by either Freddie Mac or Fannie Mae for a conventional loan will be $510,400.

    For perspective, the maximum conventional loan limits in the year 2018 was and then increased in 2019 to $510,400. The new increase is 12.6% over the 2018 loan limit.

  • 2020 Conforming Loan Limits 2020 Conforming Loan Limits
 

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