Conventional Loan Limit Increase 2020
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GMFS is now accepting new applications with increased 2020 conventional loan limits!
|The Federal Housing Finance Agency (FHFA) announced Tuesday that conventional loan limits are increasing.
The new 2020 base loan limit in most of the country will be $510,400 (a 5.4% increase over 2019).
How can you start using these new limits?
New conventional loan limits may be used with new applications beginning November 27, 2019.