December 05, 2025
Announcement 2: 2026 Loan Limits
Conventional
Effective December 8, 2025, PHH will begin accepting new locks for both Mandatory and Best Efforts delivery that meet the increased 2026 conforming loan limits announced by the Federal Housing Finance Agency (FHFA).
The standard loan limits, as well as limits for high-cost areas, are defined in the tables below. The loan limits vary by county and unit, please refer to the FHFA Conforming Loan Limits for complete details.
| FHFA Standard Loan Limits | ||
| Units | Contiguous States & District of Columbia |
Alaska & Hawaii |
| 1 | $832,750 | $1,249,125 |
| 2 | $1,066,250 | $1,599,375 |
| 3 | $1,288,800 | $1,933,200 |
| 4 | $1,601,750 | $2,402,625 |
| FHFA High-Cost Area Loan Limits* | ||
| Units |
Contiguous States & |
Alaska & Hawaii |
| 1 | $1,249,125 | $1,873,675 |
| 2 | $1,599,375 | $2,399,050 |
| 3 | $1,933,200 | $2,899,800 |
| 4 | $2,402,625 | $3,603,925 |
* Actual loan limit values for certain areas may be lower than the maximum high-cost loan refer to FHFA Conforming Loan Limits.
** Two counties in Hawaii (Maui and Kalawao) will be high-cost areas in 2026.
FHA
The 2026 loan limit details for FHA transactions will be communicated at a later date. As a reminder, the 2026 loan limits will apply to FHA loans with a case number assigned on or after January 1, 2026.
VA
Effective December 8, 2025, PHH will begin accepting new VA locks for both Mandatory and Best Efforts delivery that meet the increased loan limits announced by the Federal Housing Finance Agency (FHFA).
VA does not impose a maximum loan amount that a veteran may borrow; however, VA does impose a maximum amount that may be guaranteed. Additionally, PHH has set loan limits reflected on the Government Product Listings (HERE).
- For veterans with full entitlement, VA will guaranty 25% of any loan amount.
- For veterans with partial entitlement, the maximum amount of guaranty is the lesser of 25% of the loan amount OR the applicable year’s conforming loan limit for a 1-unit property reduced by the amount of entitlement previously used by the veteran.
- For loans closed on or after January 1, 2026, the partial entitlement calculation is based on the 2026 conforming loan limits.
- For loans closed prior to January 1, 2026, the partial entitlement calculation is based on the 2025 conforming loan limits.
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FHFA High Balance Threshold |
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| Units | Contiguous States & District of Columbia |
Alaska & Hawaii | ||
| 2026 | 2025 | 2026 | 2025 | |
| 1 | $832,750 | $806,500 | $1,249,125 | $1,209,750 |
| 2 | $1,066,250 | $1,032,650 | $1,599,375 | $1,472,250 |
| 3 | $1,288,800 | $1,248,150 | $1,933,200 | $1,779,525 |
| 4 | $1,601,750 | $1,551,250 | $2,402,625 | $2,211,600 |
If you have any questions, please contact your Correspondent Specialist, Sales Executive/Correspondent Sales Representative, or contact us via the support line at 1-800-929-4744.
Thank you for your continued business!