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​Conforming Loan Limits

 

Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” Loans above this limit are known as jumbo loans.

The national conforming loan limit for mortgages that finance single-family one-unit properties increased from $33,000 in the early 1970s to $417,000 for 2006-2008, with limits 50 percent higher for four statutorily-designated high cost areas: Alaska,  Hawaii, Guam, and the U.S. Virgin Islands.  Since 2008, various legislative acts increased the loan limits in certain high-cost areas in the United States.  While some of the legislative initiatives established temporary limits for loans originated in select time periods, a permanent formula was established under the Housing and Economic Recovery Act of 2008 (HERA).  Loan limits determined under the HERA formula will apply to loans: (a) acquired by Fannie Mae and Freddie Mac in 2013 and (b) originated after September 30, 2011 or before July 1, 2007.

Maximum Loan Limits for Loans Acquired in Calendar Year 2014 and Originated after 9/30/2011 or Prior to 7/1/2007

Current Loan Limits



    • Loan Limits for Calendar Year 2014 [XLS] 
    • Loan Limits for Calendar Year 2014 – High-Cost Areas Summary [PDF]

 

Previous Announced Loan Limits


 

​Description ​Format

Maximum Loan Limits for Loans (a) Acquired in Calendar Year 2013 and (b) Originated after 9/30/2011 or Prior to 7/1/2007

[XLS]

​Maximum Loan Limits for Loans (a) Acquired in Calendar Year 2012 and (b) Originated after 9/30/2011 or Prior to 7/1/2007

[XLS]

​Maximum Loan Limits for Loans (a) Acquired in Calendar Year 2011 and (b) Originated after 9/30/2011 or Prior to 7/1/2007

[XLS]

​Maximum Loan Limits for Loans Originated between 10/1/2010 and 9/30/2011
(Same as Limits for 1/1/10-9/30/10 Originations) 

[XLS]

​Maximum Loan Limits for 2010-Originated Mortgages
(Same as Limits for 2009 Originations in all Areas; Set under PL111-88)

[XLS]

​Maximum Loan Limits for Mortgages Originated in 2009
(American Recovery and Reinvestment Act-Limits)

[XLS]

​Maximum Loan Limits for Mortgages Originated between July 1, 2007 and December 31, 2008 (Economic Stimulus Act of 2008 Limits)

[PDF]

 

Related Links


     

Media Release on Conforming Loan Limit for 2008 
Temporary Jumbo Conforming Loan Limits for 2008  
Media Release on Conforming Loan Limit for 2007 
History of Conforming Loan Limits (Table 26 of 2007 Report to Congress)  
Guidance on Conforming Loan Limit (Final) 
Guidance on Conforming Loan Limit (Revised Proposed)
Guidance on Conforming Loan Limit (Proposed)
Comments on Conforming Loan Limits in October 2007
Comments on Conforming Loan Limits in June 2007

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