Good Morning!
I wanted to let you know that for 2021 the Conforming Loan limits are going up.
Max Conforming Loan limit in Texas is currently $510,400, and beginning in 2021 the limit will go up to $548,250.
The advantage of using a Conforming Loan over a Jumbo loan is that the rates are lower, and you don’t have to put down as much money on a Conforming Loan.
This is good for all of us.
That’s it for today!
Have a great week!
Brett