Correspondent Lending 2022 Conforming Loan Limit and Minimum Jumbo Loan Amount Increase—December 15, 2021

AIG Correspondent Lending recognizes the Agency’s 2022 loan limit updates for both Conforming and High Balance loans. The new Conforming loan limit of $647,200 and the High Balance limit of $970,800 will be eligible for all rate locks received on or after January 1, 2022.

High Balance loans may not exceed the allowable Agency County maximum for the subject property and may never exceed the maximum one-unit limit of $970,800. All conforming loan approvals must be supported by a DU Approve/Eligible or LPA Accept/Eligible AUS Report. 

As a result of the new loan limits, the updated minimum Jumbo Mortgage Loan amount will be updated to $647,201.

Please contact Shane Larscheid, Vice President of Sales with any questions related to this announcement.

Thank you.