Movement Makes Estimated 2025 Loan Limits Available NOW
Every year, the Federal Housing Finance Administration (FHFA) adjusts loan limits for conventional mortgages to align with current home prices. That means the maximum amount a buyer can qualify for a Fannie Mae or Freddie Mac mortgage will increase. Typically, a borrower would have to wait until January 1, 2025. Movement is giving our customers a competitive advantage in the market by making estimated 2025 limits available now before the FHFA announcement!
Early Release Loan Limit Basics
The maximum loan limit available depends on location and property type. You can find the a breakdown of 1-4 unit properties below:
Max Loan Limit (Conventional Only)
| Units | Continental US | Alaska and Hawaii |
| 1 | $802,650 | $1,203,975 |
| 2 | $1,027,750 | N/A |
| 3 | $1,242,250 | N/A |
| 4 | $1,543,900 | N/A |
Buyers can finance a home if they are intending to purchase a:
- Primary home
- Second home
- Investment property
Keep in mind, qualification criteria may differ depending on the occupancy type.
Movement is offering different loan options for this program. A buyer can choose to get a 30-year fixed mortgage which keeps principal and interest payments steady for the term of the loan. Or, for borrowers who are conscious of current rates, a 1/0 or 2/1 temporary buydown can lower the interest rates on loan payments for the first year or two respectively.
Early Release Loan Limit Details
Interested in taking advantage of Movement’s Early Release Loan Limit program? Find the qualification criteria below:
| Primary – Purchase and LCO Refinance | |||||
| Property Type | Minimum FICO | Maximum LTV/CLTV | Maximum DTI | Minimum Reserves | |
| 1 Unit SFD, Warrantable Condo, PUD | 700 | 95%/95% | 45% | Per AUS | |
| 2 Unit SFD | 660 | 80%/80% | 45% | Per AUS | |
| 3 Unit SFD | 680 | 75%/75% | 45% | Per AUS | |
| 4 Unit SFD | 680 | 75%/75% | 45% | Per AUS | |
| Primary – Cash Out Refinance | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 680 | 80%/80% | 45% | Per AUS | |
| 2-4 Unit SFD | 700 | 75%/75% | 45% | Per AUS | |
| Second Home – Purchase and LCO Refinance | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 680 | 80%/80% | 45% | Per AUS | |
| Second Home – Cash Out Refinance | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 680 | 75%/75% | 45% | Per AUS | |
| Investment – Purchase | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 700 | 75%/75% | 45% | Per AUS | |
| 2 unit only | 700 | 75%/75% | 45% | Per AUS | |
| Investment – Limited Cash Out Refinance | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 700 | 75% | 45% | Per AUS | |
| 2 unit only | 700 | 75% | 45% | Per AUS | |
| Investment – Cash Out Refinance | |||||
| 1 Unit SFD, Warrantable Condo, PUD | 680 | 75%/75% | 45% | Per DU | |
| 2-4 Unit SFD | Ineligible | ||||
*Programs,rates, terms and conditions are subject to change without notice
Ready to get started?
If you’re ready to access estimated 2025 loan limits early and gain an edge in this market, reach out to your Movement loan officer.
