FHA announced the forward mortgage loan limits for 2020. The 2020 “floor” and “ceiling” loan limits for a one-unit property are increased to $331,760 and $765,600, respectively (previously set at $314,827 and $726,525). The 2020 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands increased to $1,148,400 (an increase from $1,089,787). The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2020.
State Compliance Summary
Arizona Permits Employees to Work at Remote Locations
Arizona adopted a rule permitting employees (including loan originators) to work at remote locations. Under the adopted rule, a mortgage banker licensed under the Mortgage
February 24, 2025
