In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits months ahead of the FHFA’s official announcement. On Friday, Pennymac joined Rocket Pro TPO in announcing an increase in their conforming loan limit to $802,650 — before the expected increase by the FHFA in November. Pennymac’s increase will be effective for new broker locks on Monday, Sept. 16.

“Pennymac is always looking for opportunities to help our partners and their referral partners grow their business and stay competitive. Our capital position gives us the ability to support these increased loan amounts ahead details ⇒

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