Pennymac Raises Conforming Loan Limits To $819,000

Pennymac announced on Thursday that it’s raising its conforming loan limits for mortgage brokers to $819,000, effective Sept. 19.

Pennymac‘s news comes just one day after United Wholesale Mortgage (UWM) increased its single-family conforming loan limit from $806,500 to $819,000 for conventional and U.S. Department of Veterans Affairs (VA) loans.

“Pennymac is committed to being a top-tier partner, providing the products and support necessary for its clients to succeed,” Abbie Tidmore, chief revenue officer at Pennymac, said in a statement.

“This strategic move demonstrates our commitment to providing the tools and flexibility they need to continue to build greatness. By getting ahead of the curve, we are enabling our partners to offer additional options to grow their business in a dynamic market.”

UWM and Pennymac raised their limits months before the Federal Housing Finance Agency (FHFA) is expected to announce the official 2026 limits in November. The limits cap the size of mortgages that Fannie Mae and Freddie Mac can buy.

Pennymac’s new conforming loan limits took effect on Friday for broker locks on conforming loans through the government-sponsored enterprises (GSEs). Government loan limits were left unchanged.

Loans with DU Approve/Eligible status will continue to be eligible for Value Acceptance and Value Acceptance + PDC. Loans with an LPA Accept/Eligible will continue to be eligible for ACE and ACE + PDR.

Loans with AUS Approve/Ineligible or Accept/Ineligible statuses are eligible for delivery but will require a full appraisal, according to the company’s press release.