by Rob Messenger | Dec 5, 2024 | Loan Limits, Real Estate Tips
The Federal Housing Finance Agency (FHFA) has announced the official loan limits for 2025. The FHFA determined that property values have increased by 5.2% on average from the end of 2023 to the end of 2024. This increase determines the 2025 loan limits so they have...
by Rob Messenger | Sep 29, 2022 | Loan Limits, Real Estate Tips
What are Loan Limits? Loan limits are set by the Federal Housing Finance Agency (FHFA) and they determine the maximum amount of cash a homebuyer can borrow and obtain a conforming loan. Loan limits apply to both Fannie Mae and Freddie Mac which are two government...
by Rob Messenger | Dec 14, 2021 | Conventional Loans, Loan Limits
The FHFA (Federal Housing Finance Agency) announced the new 2022 loan limits for mortgages through Fannie Mae and Freddie Mac conforming loans. What are loan limits? Conforming loan limits are a requirement from HERA (Housing and Economic Recovery Act) to ensure that...
