What is the maximum loan amount that PennyMac offers?

At PennyMac Loan Services, we strive to provide a wide range of loan options to meet our customers' diverse needs. While there is no specific maximum loan amount set in stone, the loan limits we offer are generally based on various factors such as the type of loan, the borrower's creditworthiness, income, and the property value. As a direct lender, we offer conforming loans that adhere to the guidelines set by Fannie Mae and Freddie Mac, which usually have a maximum loan limit of $548,250 for most areas in the United States. Additionally, we also offer jumbo loans for higher loan amounts that exceed the conforming limits, subject to separate terms and conditions. Our experienced team is always available to assist you in determining the loan amount that best suits your unique circumstances.