New 2023 Conventional Loan Limits – $726,200

• New 1-unit limit $726,200 in most of the United States 
• Applies to standard Fannie Mae and Freddie Mac eligible programs
• DU Approve/Ineligible or LPA Accept/Ineligible for loan amount only is required
• No change for multiple units or current high balance program
• No PIW or ACE allowed
• Loans locked under this program may close immediately . Start using today! 
• This program requires tax transcripts for the most recent one year for all self-employed borrowers
• Use loan programs “Fannie 30yr-New Limit” (or Freddie) in optimal blue to lock above the current FHFA limit of $647,200
• This is a separate investor program and not serviced by GMFS. Files locked under this program must close under this program and cannot be switched to standard GMFS product later.

To see if your existing lock is eligible for changes, contact the lock desk at [email protected]