2025 HECM Cap Raised: The Federal Housing Administration (FHA) has announced an increase in the maximum lending limit for Home Equity Conversion Mortgages (HECMs) for the 2025 calendar year. The new cap is set at $1,209,750, up from $1,149,825 in 2024. This adjustment will apply to case numbers assigned on or after January 1, 2025. …