March 22nd, 2022 4:11 PM by Andrew Walter May CEO
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022. In most of the U.S., the 2022 CLL for one-unit properties will be $647,200, an increase of $98,950 from $548,250 in 2021.
$647,200 is basically the max loan size; high cost areas going well into the $800,000+ range.
Contact ADRMortgage.com - 919 771 3379 Andy May