Federal Housing Finance Agency (FHFA) increases loan limits for 2021
The Federal Housing Finance Agency (FHFA) has set the 2021 loan limits for conventional loans acquired by Fannie Mae. The new limits are effective for whole loans and mortgage loans delivered into MBS with pool issue dates on or after January 1, 2021. Loan limits apply to the original loan amount of the mortgage loan, not to its balance at the time of purchase by Fannie Mae.
Please see Fannie Mae Lender Letter LL-2020-14 for more information.
For questions, please contact the Fannie Mae Investor Help Line at 1-800-232-6643, Option 3 or by e-mail.