AWACSMortgage compliance intelligence from Flightline

Newrez Correspondent · Announcement 2026-076 · Published

Conventional Conforming Loan Limit Increases for 2027

Newrez announced increased conventional conforming loan limits across all commitment types for new locks. Mortgages receiving automated underwriting ineligible findings solely due to loan amounts may be delivered with a complete appraisal.

Review recommendedEffective Sep 15, 2026All checks passedRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: Conventional mortgages locked on or after September 15, 2026 under expanded loan amounts.

Addressed to
Newrez correspondent sellersFrom the publisher, not quoted from the text
Investor
NewrezFrom the publisher, not quoted from the text
Programs
Conventional
Affected areas
Valuation; Eligibility
Affected documents
Appraisal report
Effective
Sep 15, 2026
Applicability confidence
Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

Summary by AWACS. Newrez Correspondent's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What changed

Summarized from the announcement
RequirementPreviouslyNow
Conventional conforming loan limitsRelaxedNot statedMaximum conforming loan limits are expanded for one- to four-unit properties prior to official federal announcements.
Delivery eligibility for loans exceeding agency limits in AUSRelaxedNot statedLoans receiving an ineligible finding solely because of loan size can be delivered provided a complete appraisal is obtained.

What to do

AWACS interpretation · not source language

What to review: Review the expanded conventional conforming loan limits and the guidelines permitting delivery of loans with automated underwriting findings ineligible solely due to loan size when accompanied by a full appraisal.

QC implications

  • Verify that conventional loans delivered with automated underwriting ineligible recommendations are ineligible solely due to the loan amount.
  • Sample delivered expanded-limit loans to ensure a complete appraisal report is present in the file.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed

    Anything marked required is backed by the requirement language and dates in the source.

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

    The record follows the AWACS format and uses its standard labels.