The loan limits for 2020 are higher than in 2019. Here are the loan limits by loan product:
Conventional – $510,400
VA – $510,400
FHA – $331,760 (Maricopa County, other counties may differ)
USDA – $251,862
These limits mean that to qualify for the above loan product, the loan amount cannot exceed the limit. Loans above these limits are generally considered jumbo.
Contact us and we can help you qualify for these, or other loans.
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