2 minute read
Rocket Mortgage has raised its conforming loan limits to $825,550 for single-family homes across 48 states, moving ahead of the Federal Housing Finance Agency (FHFA)’s official limits that are typically released in late November.
The announcement, made Thursday, comes about a month after competitors like United Wholesale Mortgage (UWM), Pennymac and CrossCountry Mortgage implemented smaller increases, with each lender setting their cap at $819,000.
“We’ve taken the time needed to analyze current market data and rising home prices to determine the most accurate loan limits for today’s environment,” Bill Banfield, Rocket’s chief business officer, said in a statement. “This strategic decision reflects our commitment to providing accessible homeownership opportunities when families need them most.”
Rocket’s new ceiling, effective immediately, represents a 2.36% increase over the current 2025 one-unit conforming loan limit of $806,500. The higher cap applies to borrowers who go directly to Rocket and to those working through broker partners via Rocket Pro.
Each November, the FHFA sets baseline conforming loan limits that dictate the maximum size of mortgages Fannie Mae and Freddie Mac can purchase. For 2025, the limit rose 5.2%, a smaller gain compared to the 5.5% increase in 2024 and a reflection of slower home-price growth.
“By implementing these higher limits now, we’re ensuring more Americans can secure conventional financing with better terms and greater flexibility,” Dan Sogorka, general manager of Rocket Pro, said in a statement.
A higher conforming limit allows more borrowers to avoid the jumbo loan market — where terms are typically less favorable — but also reignites debate over whether government-backed loans should support balances nearing $1 million, a threshold first crossed in select markets in 2022.
Rocket also set its conforming loan limit at $1,238,325 for Alaska and Hawaii, effective immediately, noting that it now offers the highest loan limits among lenders that have already made early adjustments.
