First Mortgage Conforming Loan Limits
The Federal Housing Finance Agency (FHFA) publishes the conforming loan limits annually that apply to all conventional mortgages that are delivered to Fannie Mae, including both the general loan limits and the high-cost area loan limits. High-cost area loan limits vary by geographic location.
Loans originated on or after October 1, 2011, will use the "permanent" high-cost area loan limits established by FHFA under a formula of 115% of the 2010 median home price, up to a maximum of $625,500 for a 1-unit property in the continental U.S
Note that the loan limits apply based on the original loan amount, rather than the unpaid principal balance (UPB) at the time of delivery to Fannie Mae.
| | Maximum Original Principal Balance for 2010 |
| Units | Contiguous States, District of Columbia, and Puerto Rico | Alaska, Guam, Hawaii, and the U.S. Virgin Islands |
| |
General |
High-Cost* |
General |
High-Cost* |
| 1 |
$417,000 |
$625,500 |
$625,500 |
$938,250 |
| 2 |
$533,850 |
$800,775 |
$800,775 |
$1,201,150 |
| 3 |
$645,300 |
$967,950 |
$967,950 |
$1,451,925 |
| 4 |
$801,950 |
$1,202,925 |
$1,202,925 |
$1,804,375 |
* High-cost area loan limits vary by geographic area; values in table are maximum amounts permitted across all high-cost areas. Use the resources below to determine limits by location and loan origination date.
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