The Federal Housing Finance Agency is expected to announce a similar increase for Fannie Mae and Freddie Mac in November.
Rocket Mortgage previously announced that its wholesale channel, Rocket Pro TPO, would expand its conforming loan limits.
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United Wholesale Mortgage and Guaranteed Rate have preemptively boosted their mortgage limits to $750,000 for the continental United States. So report Bankrate and Inman.
The Federal Housing Finance Agency is expected to announce a similar increase for Fannie Mae and Freddie Mac in November.
Rocket Mortgage previously announced that its wholesale channel, Rocket Pro TPO, would expand its conforming loan limits.