Finance of America Mortgage LLC (FAM), a Finance of America Companies Inc. mortgage originations subsidiary, has announced an interim increase in estimated 2022 conforming loan amounts to $625,000 for conventional single-family loans. It is also allowing higher limits for high-cost areas and homes with additional units.
The change, which goes into effect across all of FAM’s lending channels, comes ahead of the November announcement on conforming loan limits from the Federal Housing Finance Agency
