Regulatory Alerts2025-12-15
Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency are raising the 2026 threshold for the higher-priced mortgage loan appraisal exemption from $33,500 to $34,200. This adjustment takes effect January 1, 2026, and reflects a 2.1 percent annual increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers as of June 1, 2025. The updated limit continues to exempt qualifying smaller loans from the Dodd-Frank Act mandate requiring creditors to obtain written appraisals based on interior physical home visits before issuing higher-priced mortgage loans.
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