More than 50 lenders are offering $845,000, $847,440, or $850,000 before FHFA acts, but investor execution and lender overlays determine which borrowers can use them
The retail lender matched Rocket’s $845,000 ceiling as this year’s rollout began weeks earlier than it did in 2025
Investor and DSCR loans drive the segment’s growth as conforming lending loses ground
The lender is using a specialized crypto product to bring Coinbase customers into its broader mortgage, refinance, and HELOC funnel
Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products
June purchase locks climbed 14% year over year while non-conforming and Non-QM lending continued gaining market share, according to Optimal Blue
Non-QM loans reached 9% of lock volume in May while adjustable-rate mortgages climbed to 11% and conforming share remained below 50%
Evergreen Home Loans promoted two longtime executives, Joe Moley and Brett Evertz, to divisional manager roles, strengthening branch oversight and leadership infrastructure as the company accelerates its multi-state expansion strategy
Purchase apps still 13% higher than a year ago, despite latest weekly slide
As borrowers increasingly rely on government and non-conforming loans, the GSE market has shrunk dramatically