The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency announced that the dollar threshold for the small-loan exemption from special appraisal requirements for higher-priced mortgage loans will increase to USD 34,200 for 2026, from USD 33,500. The updated threshold takes effect on January 1, 2026. The adjustment reflects a 2.1% annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as of June 1, 2025. The special appraisal requirements were added by the Dodd-Frank Act to the Truth in Lending Act and include obtaining a written appraisal based on a physical visit to the interior of the home, while the implementing rules provide an annually adjusted exemption for loans at or below the threshold amount.
Office of the Comptroller of the Currency 2025-12-15
Consumer Financial Protection Bureau, Federal Reserve Board and Office of the Comptroller of the Currency raise 2026 higher priced mortgage loan appraisal exemption threshold to USD 34,200
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency announced an increase in the small-loan exemption threshold for higher-priced mortgage loans to USD 34,200 for 2026, up from USD 33,500. Effective January 1, 2026, this reflects a 2.1% rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers. The exemption pertains to special appraisal requirements under the Dodd-Frank Act.