FHFA: Conforming Loan Limit

Project Title:  View help for Project Title FHFA: Conforming Loan Limit

Summary:  View help for Summary 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” (CLL) value.  Loans above this amount are known as jumbo loans.The national conforming loan limit value for mortgages that finance single-family one-unit properties increased from $33,000 in the early 1970s to $417,000 for 2006-2008, with limit values 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 conforming loan limit values in certain high-cost areas in the United States.  While some of the legislative initiatives established temporary limit values for loans originated in select time periods, a permanent formula was established under the Housing and Economic Recovery Act of 2008 (HERA).  The 2025 c​onforming loan limit values have been set under the HERA formula. See the latest Conforming Loan Limit values news release here.

Original Distribution URL:  View help for Original Distribution URL https://www.fhfa.gov/data/conforming-loan-limit