UWM Raises Conforming Loan Limit to $847,440 Ahead of FHFA’s 2027 Decision

United Wholesale Mortgage has raised its conforming loan limit to $847,440 for one-unit properties, giving mortgage brokers access to larger conventional loans before the Federal Housing Finance Agency sets the official limits for 2027.

The new UWM limit took effect Sept. 16 and applies to conventional and Department of Veterans Affairs loans, according to reporting on the lender’s announcement. It represents a $14,690 increase from the current $832,750 national baseline conforming loan limit.

The move effectively allows qualifying borrowers working through UWM’s broker channel to finance a larger balance under the lender’s early 2027 limits rather than waiting for the FHFA’s annual adjustment.

UWM moves ahead of the federal limit

The FHFA has not yet announced its official conforming loan limits for 2027.

For 2026, the agency increased the baseline limit for a one-unit property to $832,750 from $806,500 in 2025. That 3.26% increase reflected the change in average U.S. home prices measured by the FHFA House Price Index, as required under the Housing and Economic Recovery Act.

UWM’s estimated 2027 limits are:

• One unit: $847,440

• Two units: $1,085,059

• Three units: $1,311,535

• Four units: $1,630,005

The one-unit increase is about 1.76% above the official 2026 baseline.

Importantly, UWM’s announcement does not mean the FHFA has established $847,440 as the national conforming limit for 2027. The lender is moving ahead of the agency using its own estimated limits.

FHFA sets the official limits governing mortgages that Fannie Mae and Freddie Mac may acquire. Loans exceeding the applicable conforming limit generally fall into the jumbo category.

Why the higher limit matters

The distinction between conforming and jumbo financing can affect underwriting requirements, pricing and product availability.

By raising its limit early, UWM can potentially keep some larger loans within its conventional lending framework that otherwise would exceed the current $832,750 baseline.

For example, a borrower seeking an $840,000 mortgage would be above the current national baseline but below UWM’s new $847,440 one-unit threshold.

The change could be particularly useful in markets where home prices put borrowers close to the existing conforming boundary, although actual loan eligibility and pricing depend on the property, borrower and applicable geographic limits.

UWM goes above two major competitors

UWM is not alone in moving before the FHFA.

Pennymac increased its one-unit conforming limit to $850,000, while Rocket Mortgage and CrossCountry Mortgage previously moved to $845,000, according to HousingWire.

That puts UWM’s $847,440 threshold $2,440 above the early limits announced by Rocket and CrossCountry, though $2,560 below Pennymac’s $850,000 figure.

The competing increases illustrate how major lenders can use anticipated conforming limits to make larger conventional loans available before the federal limits formally change.

What happens when FHFA announces the 2027 limits?

The official 2027 baseline will ultimately be determined under federal law rather than by lenders’ early estimates.

Under HERA, FHFA adjusts the national baseline each year to reflect changes in average U.S. home prices. High-cost areas can receive higher limits based on local median home values, subject to a statutory ceiling.

For 2026, that ceiling is $1,249,125 for a one-unit property in high-cost areas, or 150% of the $832,750 national baseline. Special rules also apply in Alaska, Hawaii, Guam and the U.S. Virgin Islands.

Until FHFA publishes the 2027 figures, UWM’s $847,440 amount remains the lender’s estimated limit rather than the official federal baseline.

For mortgage brokers and borrowers, however, the practical effect arrives sooner: UWM is already allowing qualifying loans to be originated using the higher threshold.