Willow Springs
Real Estate
Victor Ciardelli and Rate Companies Increase Conforming Loan Limit to $792,000 Ahead of Official FHFA Announcement
CHICAGO, Sept. 24, 2024 /PRNewswire/ -- Rate, a leading financial services provider in the mortgage industry, today announced an increase in its conforming loan limit to $792,000 for select loan products across the contiguous 48 states. This move comes ahead of the Federal Housing Finance Agency's (FHFA) official 2025 announcement, making Rate one of the first lenders to implement this change. The maximum loan limit for properties in Alaska and Hawaii has also been increased to $1,185,000.
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