New 2026 Conventional Loan Limits
Recently, the U.S. Federal Housing Finance Agency (FHFA) announced the new conforming loan limit 2026. Here’s what’s changing, why it matters, and how you can take advantage.
What’s New for 2026
- The national baseline conforming loan limit for one-unit properties will increase from $806,500 in 2025 to $832,750 in 2026.
Why GMFS Mortgage Is Already Acting
Even before January 1, 2026, some lenders are updating their internal limits. For instance, GMFS has announced it’s raising its own conventional loan threshold to $819,000 for locks taken on or after October 1, 2025. This gives borrowers early access to higher-limit financing.
Why This Matters to You
- More Borrowing Power: Higher conforming loan limits mean more buyers will qualify for conventional financing rather than being pushed into “jumbo” loans with stricter terms.
- Lower Rates & Better Terms: Conforming mortgages often come with more favorable rates and more competitive lender options than jumbo or non-agency loans.
- High-Cost Areas Benefit: In markets where median home prices are high, the ceiling limit gives buyers more wiggle room without crossing into “jumbo” territory.
The FHFA’s 2026 conforming loan limit updates reflect the continuing rise in home prices — and GMFS Mortgage is already aligned to help borrowers make the most of it. With higher limits, more buyers can access conventional financing, often at better rates than jumbo options. If you’ve been waiting to buy or refinance, now is a great time to talk to us.
Contact our award-winning team to learn how you can take advantage of increase conventional loan limits today!
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