Conforming Loan Limits Increase November 2, 2021

Thanks to surging property values, it’s now possible to get a conforming loan amount up to $625,000 on a one-unit property.

This is a major increase from the 2021 conforming loan limit of $548,250, a 14% jump, which is a reflection of the crazy hot housing market.

As a result, a home buyer could purchase a home for $781,250, put 20% down, and avoid the jumbo loan realm.

And an existing homeowner looking to refinance their home loan could save some more money by slipping below the conforming limit.