Earlier in the month, PennyMac Financial and United Wholesale Mortgage publicly announced that they are each raising their conforming loan ceilings by 14%, nearly two months ahead of the Federal Housing Finance Agency‘s official decree in November. They’re not the only ones getting a jump on new conforming loan limits.

Rocket Mortgage and Homepoint announced last week that they are also upping their conforming loan limit to $625,000 for a one-unit property.

According to a letter Homepoint sent to its mortgage broker partners yesterday, the new loan limit – a $75,000 increase from the current maximum loan limit, details ⇒

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