Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans

AI Summary

- The threshold for higher-priced mortgage loans subject to special appraisal requirements will increase from $33,500 to $34,200. - This change applies starting in 2026.

Texas Relevance

The article does not explicitly mention Texas or any Texas-specific entities. The rule is applicable nationwide and not specific to Texas credit unions.

Original Content

The CFPB, FRB, and OCC are announcing that the 2026 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $33,500 to $34,200.