FHA increased the home equity conversion mortgage (HECM) limits for 2017. The maximum claim amount for FHA-insured HECMs in 2017 will be $636,150 (an increase from $625,500). This maximum claim amount is also applicable to Freddie Mac’s special exception areas of Alaska, Hawaii, Guam, and the Virgin Islands. The HECM limits apply to HECMs with case numbers assigned on or after January 1, 2017.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
June 4, 2025
