General World News

Pennymac TPO raises conforming loan limits to $819,000

Pennymac TPO announced on Thursday that it’s raising its conforming loan limits for mortgage brokers to $819,000, effective Sept. 19.

Pennymac‘s news comes just one day after United Wholesale Mortgage (UWM) increased its single-family conforming loan limit from $806,500 to $819,000 for conventional and U.S. Department of Veterans Affairs (VA) loans.

“Pennymac is committed to being a top-tier partner, providing the products and support necessary for its clients to succeed,” Abbie Tidmore, chief revenue officer at Pennymac, said in a statement.

“This strategic move demonstrates our commitment to providing the tools and flexibility they need to continue to build details ⇒

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