Feature Enhancements in Version 20.2 December Critical Patch 3

The Federal Housing Finance Agency (FHFA) has announced the 2021 Conforming Loan Limits. In the majority of the U.S., the 2021 maximum conforming loan limit for one unit properties will be $548,250, which is an increase from $510,400 in 2020. The new ceiling loan limit for one unit properties in most high-cost areas will be $822,375 or 150% of $548,250 (baseline loan limit). As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2021 in all but 18 counties or county equivalents in the U.S.

The VA Maximum Guaranty Amounts will be populated using only the one-unit limit from the General Conforming Loan Limits.

For additional information, refer to the FHFA Conforming Loan Limits announcement.