The loan size of refinancing’s of recently built high-end properties are
often limited by statutory unit limits. There are important changes that affect these.
 Costs not attributable to dwelling use are permitted to be added to the unit limits in 223(f)
refinancing’s. This increase will be particularly large for properties with garage parking
and retail space.
 100% of site value is added not just 85%, even for market-rate cash-out refinancing’s.
 For new construction, the increase in the unit limits from a high cost factor of 270% to
315% is no longer limited to affordable or green properties but no high cost factor waiver
is permitted for cash-out refinancing’s.