Seller/Servicer Memorandum 22-14

Date:      December 2, 2022
From:     Jan Miyagishima
               Director, Mortgage Operations
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SELLING GUIDE REVISIONS: CONTACT UNDERWRITING
(Anchorage Only: 907-330-8400/ Outside Anchorage: 888-854-3884)

Maximum Loan Amount
(Sections 5000.04.A, 5001.04.A, 5003.04.A, 5004.04.A, 5005.04.A, 5006.01.C, 5014.04.A)

Maximum loan amounts for 2023 have been updated and apply to loans delivered to AHFC for purchase on or after January 1st, 2023 (even if originated prior to 1/1/2023)

Financing single-family duplex triplex fourplex
Conventional $1,198,230* $1,394,775 $1,685,850 $2,095,200
VA $1,198,230* $1,394,775 $1,685,850 $2,095,200
FHA/HUD/RD As Determined by FHA/HUD/RD

*For the Rural Owner Occupied loan program (Section 5001.04.A), the AHFC 10% increase to the single-family maximum loan amount does not apply; therefore, the maximum loan amount for single-family rural loans is $1,089,300. The rural duplex, triplex and fourplex maximum loan amounts are as shown in the chart above.