Ginnie Mae Increases Maximum Loan Amount for High Balance Loans

Ginnie Mae increased the maximum loan amount for high balance loans. In 2018, the maximum loan amount for a high balance loan secured by a one-unit property will be $453,100 for most of the country and $679,650 in Alaska, Hawaii, Guam and the U.S. Virgin Islands. The revised maximum loan amount applies to mortgage backed securities with an issuance date on or after January 1, 2018.

Click here to view the Ginnie Mae APM 17-07 (12-15-17)

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