MPF Announcement 2024-36
MPF Traditional Government Loan Limits
Effective Date: Immediately (unless otherwise noted)
Clarified that, while maximum loan amount for MPF Traditional Government loans are those established by the FHA/HUD, VA and RHS, when delivering an MPF Traditional Government loan in excess of the conventional conforming limits, the PFI must lock the Delivery Commitment under either the 15YR or 30YR Gov HB sub-product and contact the Service Center to assist in presenting the loan to avoid issues with delivery.
For additional information see MPF Traditional Selling Guide section 2.8.1 Maximum Loan Limits for Government Mortgage Loans.
- References:
- MPF Announcement 2024-36