The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency announced that the 2026 threshold for the exemption from special appraisal requirements for higher-priced mortgage loans will increase to USD 34,200 from USD 33,500. Under the Truth in Lending Act provisions added by the Dodd-Frank Act, higher-priced mortgage loans are subject to special appraisal requirements, including a written appraisal based on a physical visit to the interior of the home. The implementing rules exempt loans at or below a dollar threshold that is adjusted annually to reflect increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W); the 2026 threshold reflects a 2.1 percent annual CPI-W increase as of June 1, 2025. The revised threshold takes effect on January 1, 2026.
Federal Reserve Board 2025-12-15
Federal Reserve Board, Consumer Financial Protection Bureau and Office of the Comptroller of the Currency raise 2026 appraisal exemption threshold for higher-priced mortgage loans to USD 34,200
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency announced an increase in the 2026 exemption threshold for special appraisal requirements on higher-priced mortgage loans to USD 34,200 from USD 33,500. This adjustment reflects a 2.1% annual increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers as of June 1, 2025. The new threshold takes effect on January 1, 2026.