CCM pushes conforming loan limit to $845,000 ahead of FHFA announcement

CrossCountry Mortgage (CCM) has raised its conforming loan limit to $845,000 through an “Early Bird” program announced Thursday, moving ahead of the Federal Housing Finance Agency (FHFA)’s official 2027 announcement and matching a similar move by Rocket Mortgage earlier in the day. Other competitors are expected to follow suit. In recent years, a handful of lenders have introduced higher limits ahead of the FHFA announcement to keep more business in conventional channels instead of pushing borrowers into jumbo loans, taking on the risk that FHFA’s eventual number might differ. FHFA typically publishes its updated limits for the following year in late November. By setting its own higher limit before FHFA’s formal update, CCM said it aims to give borrowers earlier access to larger conforming loan amounts and more purchasing power in a market still defined by elevated home prices. “The housing market doesn’t wait for annual loan-limit updates, and neither should homebuyers,” Brian Clark, director of product and pricing at CCM, said in a statement. CCM’s cap is 1.47% above the current 2026 ceiling of $832,750 and applies to agency-eligible conventional loans. The $12,250 increase over ...