CrossCountry Mortgage (CCM), a retail mortgage lender, has preemptively raised agency conforming loan limits to $750,000, an increase from the existing $726,200, according to a press release.
The CCM Early Bird program honors the projected 2024 loan limits ahead of the Federal Housing Finance Agency’s decision in November.
“In today's competitive housing market, homebuyers don’t have to wait to make their homeownership dreams come true,” CCM CEO Jenn Stracensky said in the release. “The Early Bird program gives homebuyers the opportunity to finance higher-priced homes without the additional requirements, restrictions, and fees of a jumbo loan.”
CCM is ready to support borrowers with education around a variety of solutions including conventional loans.