Higher Loan Limits

Exciting News for Homebuyers: Conventional Loan Limits Are Increasing! 🏡📈

Starting soon, buying your dream home just got a little easier! The Federal Housing Finance Agency (FHFA) has announced an increase in conventional loan limits for 2025. These limits apply to conforming loans backed by Fannie Mae and Freddie Mac, and they reflect rising home prices across the country.

What Does This Mean for You?

💪 Higher Borrowing Power: You can now qualify for a larger loan without needing to turn to a jumbo loan, which often comes with stricter requirements and higher interest rates.

🏦 More Affordable Financing Options: Conventional loans typically offer competitive rates and flexible terms, making homeownership more accessible.

🙌 Easier Homebuying Process: Staying within conforming loan limits means a smoother approval process compared to non-conforming loans.

Whether you’re a first-time buyer, upgrading to a larger home, or looking to refinance, the increased limits could help you achieve your financial and homeownership goals. 🏠✨

Have questions about how these changes affect you? Reach out today to explore your options and start planning for your next move! 📩 I am a licensed real estate agent, with an expertise in financing. Connect with me for a consultation and to get mortgage ready. I encourage you to get pre-approved.

Pauline Lee, Licensed MLO nmls# 674113 IND Mortgage LLC, #mortgagebroker licenses MA MB1785067, NH 25686-MBR, RI 20223376LB, FL MBR5005 pauline@indmortgage.com | (617) 965-1988 x205 | https://www.indmortgage.com/higher-loan-limits