New Conforming Loan Limits - Realtor Talking Points

Mortgage and Lending with AmeriFirst Financial Inc, San Diego, CA NMLS 259027

Real Estate Agents, Fannie Mae & Freddie Mac have just announced their new Conforming and High Balance Conforming Loan Limits for 2020.  Do you know how to articulate this great news to your Clients?  Here are a few talking points:


  • There are 3 categories of loan types (based on the LOAN AMOUNT)
    • Conforming
    • High Balance Conforming 
    • Non-Conforming (Jumbo)
  • The loan amounts have increased on each category as follows:
    • Conforming was $484,350, and is now $510,400
    • High Balance Conforming limits vary significantly depending on county (see below for a few examples)
    • Non-Conforming (Jumbo) limits vary depending on county as well (as shown below)
  • New High Balance Conforming Loan Limits by County
    • San Diego was $690,000 and is now $701,500
    • Orange County was $726,525 and is now $765,600
    • Los Angeles was $726,525 and is now $765,600
    • Riverside County was $484,350 and is now $510,400

2020 Mortgage Conforming Loan Limits -

CLICK HERE for interactive map of new Conforming Loan Limits across the USA


Borrower Benefits for New 2020 Mortgage Conforming Loan Limits:

  • Typically, "Conforming" loan amounts offer the most attractive pricing (combination of interest rate and acquisition costs)
    • With a higher Conforming limit, there are more Borrowers who qualify for the most attractive pricing options
  • Non-Conforming (Jumbo) loans often have a maximum of 43% Debt-to-Income (DTI) Ratio (where Conforming & High Balance Conforming can sometimes go as high as 50% DTI)
    • With a higher Conforming limit, there are more Borrowers who can push to higher DTI Ratios (when applicable and desired)
  • Non-Conforming (Jumbo) loans often have "cash reserve" (aka "post closing liquidity") requirements to show additional assets after all Funds-to-Close have been brought in to buy the home (or "verified assets" for refinances). 
    • In some cases, Borrowers are declined due to lack of assets on Non-Conforming (Jumbo) loans
    • With a higher Conforming limit, there are more Borrowers who can reach higher loan amounts without having extra assets


Additional benefits exist, but suffice to say, the new Conforming Loan Limits are great news to all Borrowers, Homebuyers, and Real Estate Agents.  Feel free to contact me for details.


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Jason E. Gordon

Branch Manager | Sr. Mortgage Loan Officer



Gordon Mortgage Group - AmeriFirst Financial Inc.


Office: 619-200-8031



11440 W. Bernardo Court, Ste. 300, San Diego, CA 92127


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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Jason E. Gordon increase on the conforming loan limits can benefit many buyers.

Nov 30, 2019 04:07 PM #3
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Jason E. Gordon

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