Finance
A Nebraska conventional loan conforming to Fannie Mae/Freddie Mac guidelines has a maximum loan limit called the:
AFHA maximum loan limit
BConforming loan limit✓ Correct
CVA entitlement amount
DNIFA income limit
Explanation
The conforming loan limit is the maximum mortgage amount eligible for purchase by Fannie Mae and Freddie Mac. Loans above this limit are 'jumbo' loans with different requirements and typically higher rates.
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