Browsing Tag
conforming
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PennyMac, UWM raise conforming loan limit ceiling
PennyMac announced this week that it is upping conforming loan limits by almost 14% through broker and correspondent channels. According to PennyMac, for a one-unit property a borrower could receive $625,000, an increase of almost $75,000 from the maximum loan limit dictated by the Federal Housing Finance Agency (FHFA). The 2021 baseline national conforming loan…