updated: 2026 loan limits

Effective for new locks made on or after January 5, 2026, use the lower of $832,750 or the applicable program loan limit determined by FHA, VA, USDA-RD, Fannie Mae, or Freddie Mac^®, plus financed MI, MIP, VA Funding Fee, USDA-RD Guarantee Fee, or 203(k) rehab funds (subject to applicable insurer, guarantor, or investor guidelines).

Here are two examples to help clarify which of the lower limits to use:

HomeConnection^sm has been updated and will not allow a lock that exceeds the CHFA Total Loan Limit Maximum. Loans locked prior to January 5, 2026, may not be edited to take advantage of the new loan limits.

Note: These changes only relate to CHFA total loan limit maximums. Income limits have not changed.

Additionally, the CHFA FirstStep^sm and CHFA FirstGeneration^sm programs have purchase price limits. Purchase price limits have not changed, and CHFA total loan limit maximums may never exceed purchase price limits.

Income and purchase price limits may be announced with a subsequent eNews in late spring or early summer 2026.

Please contact us with any questions.

CHFA Home Finance
Homeownership@chfainfo.com
888.320.3688 - Homeownership Team