Conforming Loan Limits Update
Federal Housing Finance Agency (FHFA) announced an increase to the maximum conforming loan limits for 2022. Newrez is working to update our systems to support the new loan limits. You will receive an update once the 2022 loan limits are effective in our systems.
Based on FHFA’s announcement, Fannie Mae and Freddie Mac have announced the following:
- Fannie Mae’s Desktop Underwriter (DU) will be updated on or after the weekend of December 4, 2021.
- Freddie Mac’s Loan Product Advisor (LPA) will be updated by December 5, 2021.
A separate communication will be issued for FHA and VA.
The following resources are available: