Monday, November 30, 2020

New Max Conforming Loan Limits...

 Mortgage Broker AdvisorGood Morning!


I wanted to let you know that for 2021 the Conforming Loan limits are going up.


Max Conforming Loan limit in Texas is currently $510,400, and beginning in 2021 the limit will go up to $548,250.


The advantage of using a Conforming Loan over a Jumbo loan is that the rates are lower, and you don't have to put down as much money on a Conforming Loan.


This is good for all of us.


That's it for today!


Have a great week!


Brett

 

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