2027 Conventional Loan Limit Increase
Announcement · October 6, 2026
New conventional loan limits are here.
Lock 1-unit loans above the current FHFA limit today, on standard Fannie Mae and Freddie Mac eligible programs.
New Loan Limits · Contiguous U.S.
| 1 Unit NEW | $845,000 |
| 2 Units | $1,081,950 |
| 3 Units | $1,307,800 |
| 4 Units | $1,625,350 |
1-unit limit changed only. No change for multiple units or the current high balance program.
How to lock
In Optimal Blue, select “Fannie 30yr-New Limit” (or Freddie) to lock above the current FHFA limit. Loans locked under this program may close immediately.
AUS & valuation
| DU Approve/Eligible — continues to be eligible for Value Acceptance and Value Acceptance + PDC. |
| LPA Accept/Eligible — continues to be eligible for ACE and ACE + PDR. |
| AUS Approve/Ineligible or Accept/Ineligible (ineligible for loan limits only) — eligible for delivery; requires a full appraisal. No manual underwriting. |
Program requirements
| ● | Standard Fannie Mae and Freddie Mac eligible programs only |
| ● | Credit report must be dated after 10/1/2026 |
| ● | Tax transcripts for the most recent year required for all self-employed borrowers |
| ● | Maximum of 4 borrowers per loan |
| ● | All borrowers must be U.S. citizens |
| ● | Cannot be a modified construction loan |
| ● | May not close in a trust |
Please note
This is a separate investor program and is not serviced by GMFS. Files locked under this program must close under this program and cannot be switched to a standard GMFS product later.
Let’s make home happen.