Original Source Material
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.
Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
Summary
- The threshold for higher-priced mortgage loans subject to special appraisal requirements will increase from $33,500 to $34,200.
- This change applies to credit unions and is effective in 2026.
Why It Matters for Texas Credit Unions
This rule affects all credit unions, including those in Texas, by changing the threshold for higher-priced mortgage loans that require special appraisal requirements.