New Conforming Loan Limits for 2022 Could Mean Big Savings

January 14, 2022

The Federal Housing Finance Agency (FHFA) has announced that starting Jan 1, 2022 baseline conforming loan limits will be rising by $89,950. This means that higher cost homes will now qualify for conforming mortgages. If you live in a high-cost area, conforming loan limits could have risen to as high as $970,800.

To learn more and determine the loan limit for your county you can get in touch with one of BNC’s experienced mortgage lenders by starting an application online today.