This year’s house hunters may enjoy a significant boost to their buying power. Conforming loan limit maximums rose 7.42%, on average, potentially allowing buyers to borrow more toward their dream home. Combined with a continuing trend of low interest rates and our closing cost assistance offer, this increased credit access may motivate your clients to get off the fence and buy!

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Loan limits in many counties across the country increased in 2020, giving homebuyers greater access to a variety of loan programs and potentially enabling them to borrow more toward their dream homes. While not all areas experienced increases, it’s worth checking to see if your sales turf got a boost.

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Clients shopping their mortgage options? Share our helpful infographic! This simplified starting point may clue them into a financing avenue they’ve overlooked—potentially boosting their buying power. Select each section of the infographic to read more about FHA loans, conventional or Jumbo loans, USDA loans or…

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