FHFA: Conforming Loan Limits For Mortgages Unchanged Throughout Most Of U.S.

Maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39 counties where they will increase, the Federal Housing Finance Agency (FHFA) recently announced.

In most of the U.S., the loan limit will remain at $417,000 for one-unit properties.

However, limits will be raised in 39 ‘high cost’ counties, where home values increased over the last year.

The FHFA says it decided to keep the baseline level the same due to the fact that home prices in the third quarter were, on average, below the level seen in the third quarter of 2007.

The Housing and Economic Recovery Act of 2008 established the baseline loan limit at $417,000.

To view a list of the 2016 maximum conforming loan limits for all counties and county-equivalent areas in the country, click here.


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