The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021.
November 25, 2020 / By ICBA
The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021.
The limit for one-unit properties in most parts of the country will rise to $548,250, an increase from $510,400 in 2020. The maximum loan limit will be higher for areas in which 115 percent of the local median home value exceeds the baseline loan limit.
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