Fannie Mae loan limits are increasing in 2022. The new loan limit for most of the country will be $647,200 — an 18.05% increase over the 2021 limit — and is effective for whole loans delivered to Fannie Mae and loans in MBS pools with issue dates on or after Jan. 1, 2022.
The FHA floor also increases from $356,362 to $420,680 for single-family home loans. The floor amount is the lowest the FHA loan limit can be for any area of the country.
FHA’s ceiling loan limits, the maximum loan amount the agency will ensure, will increase from $822,375 to $970,800 for a single-family property.
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