Conforming Loan

Libby Guthrie, REALTOR®

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Conforming Loan

Categories: Financing Home Buyers
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Conforming Loan

What is a conforming loan?

A conforming loan is one that is limited to $647,200 for most of the U.S., which means you may be able to avoid the stricter requirements of a jumbo loan.

Loan limits vary over time and by location so you should check with your lender or Realtor for the latest information.

Other loan types include jumbo loans, FHA, and VA.

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Posted by Libby Guthrie
Tags: Homebuyer Terms, Mortgage

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About the Author

Libby Guthrie, REALTOR®

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Howdy! I'm Libby Guthrie. I'll be your guide to real estate in the Greater Knoxville TN area. Whether you're buying, selling, or you just want to learn a little about real estate, you're in the right place!

I've been working in real estate for over 30 years, and have been the agent in over 1400 transactions, so I know I can help you too!

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