In a recent industry development, Pennymac has partnered with Rocket Pro TPO to introduce a new conforming loan limit of $802,650. This move is likely to have a significant impact on the mortgage industry, particularly for homebuyers seeking financing within this limit.
Key points:
– Pennymac and Rocket Pro TPO collaborate on new conforming loan limit
– Limit set at $802,650
– Impact expected on homebuyers seeking financing within this range
You can read this full article at: https://www.housingwire.com/articles/pennymac-increases-conforming-loan-limit-to-802650/(subscription required)
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