Navigation Conforming Loan Limits.
2020 FHFA Limits for Conforming Mortgages by State & County

Current Conforming Loan Limits

On November 26, 2019 the Federal Housing Finance Agency (FHFA) raised the 2020 conforming loan limit on single family homes from $484,350 to $510,400 - an increase of $26,050 or 5.4%. That rate is the baseline limit for areas of the country where homes are fairly affordable. In higher-cost areas like San Francisco or New York City the single-family home loan limit can go as high as $765,600.

Here is an overview of the current limits based on the number of units in a building. Limits in the third row apply to Alaska, Guam, Virgin Islands, Washington D.C & Hawaii.

Units 1 2 3 4
Continental U.S. Baseline $510,400 $653,550 $789,950 $981,700
Designiated High-cost Areas $765,600 $980,325 $1,184,925 $1,472,550
Alaska, Hawaii, Guam & U.S. Virgin Islands $765,600 $980,325 $1,184,925 $1,472,550

Loans for amounts above the current conforming rates are considered jumbo mortgages. Jumbo loans typically require a higher credit score & a larger downpayment than conforming loans. It is also quite common for jumbo loans to charge slightly higher interest rates.

The conforming loan limits also apply to other government-backed housing programs.

  • The FHA set the floor at $331,760 while setting their ceiling at $765,600. Those FHA loan amounts correspond to 65% of the baseline conforming limit & 100% of the high-cost area conforming limit.
  • The U.S Department of Veterans Affairs does not cap VA loan amounts, but uses the conforming loan limits to determine the maximium amount of liability they can assume, which means loans above those amounts will require a cash downpayment from the borrower.
  • The HECM reverse mortgage maximum claim amount is set to $765,600, which is the 150% of the baseline conforming mortgage limit.

Federal Subsidies Enable Longterm Fixed Rates

The United States federal government subsidizes homeownership to help make homes affordable. One of the means by which they help subsidize homes is through government-sponsored enterprises (GSE) Fannie Mae & Freddie Mac. These companies package & securitize home loans from other loan originators. This creates a bond-like intrument called mortgage backed securities which enables institutional investors to invest in the real estate market. This, in turn, add liquidity to the marketplace and lower mortgage rates.

Fannie Mae. Freddie Mac.

The securitized market enables homeowners to lock in low fixed rates for extend period of time, with the 30-year fixed being the most popular loan option. For your conveniece, here is a table of current fixed mortgage rates in your local area.

 

In most countries (outside the United States) home loans are usually structured as variable or adjustable rate loans which rise and fall as market conditions change. The benefit of fixed rates is it allows homeowners to build their family budget using a plan for stable payments for an extended period of time while improving price stability across the broader housing market & overall economy. Countries where variable rate loans are more common see far larger shifts in housing prices as interest rates change. For example, in 1997 Hong Kong property prices fell by 70%.

Real Estate Market.

Nationwide Map of Loan Limits

The FHFA offers an interactive map of conforming limits by county. A static version of the map is included below, followed by state-by-state tables of county-level data

Nationwide Map of Conforming Loan Limits.

Here is state-by-state data for areas where the county limit excedes the baseline loan limit range. For all other areas of the country the besline limits apply. You can also download this data in PDF or XLS formats.

lightbulb. Download the FHFA conforming loan limits in XLSX or PDF formats. lightbulb.

 

Alaska

County 5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
All 02013 - 02290 $765,600 $980,325 $1,184,925 $1,472,550

 

California

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Alameda 06001 San Francisco-Oakland-Hayward, Ca $765,600 $980,325 $1,184,925 $1,472,550
Contra Costa 06013 San Francisco-Oakland-Hayward, Ca $765,600 $980,325 $1,184,925 $1,472,550
El Dorado 06017 Sacramento--Roseville--Arden-Arcade, Ca $569,250 $728,750 $880,900 $1,094,700
Los Angeles 06037 Los Angeles-Long Beach-Anaheim, Ca $765,600 $980,325 $1,184,925 $1,472,550
Marin 06041 San Francisco-Oakland-Hayward, Ca $765,600 $980,325 $1,184,925 $1,472,550
Mono 06051 Non-Metro $529,000 $677,200 $818,600 $1,017,300
Monterey 06053 Salinas, Ca $672,750 $861,250 $1,041,050 $1,293,750
Napa 06055 Napa, Ca $764,750 $979,000 $1,183,400 $1,470,700
Orange 06059 Los Angeles-Long Beach-Anaheim, Ca $765,600 $980,325 $1,184,925 $1,472,550
Placer 06061 Sacramento--Roseville--Arden-Arcade, Ca $569,250 $728,750 $880,900 $1,094,700
Sacramento 06067 Sacramento--Roseville--Arden-Arcade, Ca $569,250 $728,750 $880,900 $1,094,700
San Benito 06069 San Jose-Sunnyvale-Santa Clara, Ca $765,600 $980,325 $1,184,925 $1,472,550
San Diego 06073 San Diego-Carlsbad, Ca $701,500 $898,050 $1,085,550 $1,349,050
San Francisco 06075 San Francisco-Oakland-Hayward, Ca $765,600 $980,325 $1,184,925 $1,472,550
San Luis Obispo 06079 San Luis Obispo-Paso Robles-Arroyo Gran $690,000 $883,300 $1,067,750 $1,326,950
San Mateo 06081 San Francisco-Oakland-Hayward, Ca $765,600 $980,325 $1,184,925 $1,472,550
Santa Barbara 06083 Santa Maria-Santa Barbara, Ca $625,500 $800,775 $967,950 $1,202,925
Santa Clara 06085 San Jose-Sunnyvale-Santa Clara, Ca $765,600 $980,325 $1,184,925 $1,472,550
Santa Cruz 06087 Santa Cruz-Watsonville, Ca $765,600 $980,325 $1,184,925 $1,472,550
Sonoma 06097 Santa Rosa, Ca $704,950 $902,450 $1,090,850 $1,355,700
Ventura 06111 Oxnard-Thousand Oaks-Ventura, Ca $713,000 $912,750 $1,103,350 $1,371,150
Yolo 06113 Sacramento--Roseville--Arden-Arcade, Ca $569,250 $728,750 $880,900 $1,094,700

 

Colorado

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Adams 08001 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Arapahoe 08005 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Boulder 08013 Boulder, Co $644,000 $824,450 $996,550 $1,238,500
Broomfield 08014 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Clear Creek 08019 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Denver 08031 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Douglas 08035 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Eagle 08037 Edwards, Co $750,950 $961,350 $1,162,050 $1,444,150
Elbert 08039 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Garfield 08045 Glenwood Springs, Co $765,600 $980,325 $1,184,925 $1,472,550
Gilpin 08047 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Jefferson 08059 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Lake 08065 Non-Metro $625,500 $800,775 $967,950 $1,202,925
Park 08093 Denver-Aurora-Lakewood, Co $575,000 $736,100 $889,800 $1,105,800
Pitkin 08097 Glenwood Springs, Co $765,600 $980,325 $1,184,925 $1,472,550
Routt 08107 Steamboat Springs, Co $638,250 $817,050 $987,650 $1,227,400
San Miguel 08113 Non-Metro $625,500 $800,775 $967,950 $1,202,925
Summit 08117 Breckenridge, Co $625,500 $800,775 $967,950 $1,202,925

 

Connecticut

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Fairfield 09001 Bridgeport-Stamford-Norwalk, Ct $601,450 $769,950 $930,700 $1,156,650

 

Distric of Columbia

County 5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
N/A 11001 $765,600 $980,325 $1,184,925 $1,472,550

 

Florida

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Monroe 12087 Key West, Fl $552,000 $706,650 $854,200 $1,061,550

 

Georgia

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Greene 13133 Non-Metro $515,200 $659,550 $797,250 $990,800

 

Hawaii

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Hawaii 15001 Hilo, Hi $765,600 $980,325 $1,184,925 $1,472,550
Honolulu 15003 Urban Honolulu, Hi $765,600 $980,325 $1,184,925 $1,472,550
Kalawao 15005 Kahului-Wailuku-Lahaina, Hi $765,600 $980,325 $1,184,925 $1,472,550
Kauai 15007 Kapaa, Hi $765,600 $980,325 $1,184,925 $1,472,550
Maui 15009 Kahului-Wailuku-Lahaina, Hi $765,600 $980,325 $1,184,925 $1,472,550

 

Idaho

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Teton 16081 Jackson, Wy-Id $765,600 $980,325 $1,184,925 $1,472,550
Blaine 16013 Hailey, Id $625,500 $800,775 $967,950 $1,202,925
Camas 16025 Hailey, Id $625,500 $800,775 $967,950 $1,202,925
Lincoln 16063 Hailey, Id $625,500 $800,775 $967,950 $1,202,925

 

Maryland

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Anne Arundel 24003 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Baltimore 24005 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Baltimore City 24510 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Calvert 24009 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Carroll 24013 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Charles 24017 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Frederick 24021 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Harford 24025 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Howard 24027 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850
Montgomery 24031 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Prince George's 24033 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Queen Anne's 24035 Baltimore-Columbia-Towson, Md $520,950 $666,900 $806,150 $1,001,850

 

Massachusetts

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Dukes 25007 Vineyard Haven, Ma $765,600 $980,325 $1,184,925 $1,472,550
Essex 25009 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950
Middlesex 25017 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950
Nantucket 25019 Non-Metro $765,600 $980,325 $1,184,925 $1,472,550
Norfolk 25021 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950
Plymouth 25023 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950
Suffolk 25025 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950

 

New Hampshire

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Rockingham 33015 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950
Strafford 33017 Boston-Cambridge-Newton, Ma-Nh $690,000 $883,300 $1,067,750 $1,326,950

 

New Jersey

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Bergen 34003 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Essex 34013 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Hudson 34017 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Hunterdon 34019 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Middlesex 34023 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Monmouth 34025 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Morris 34027 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Ocean 34029 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Passaic 34031 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Somerset 34035 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Sussex 34037 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Union 34039 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550

 

New York

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Bronx 36005 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Dutchess 36027 New York-Newark-Jersey City, Ny-Nj-Pa $726,525 $930,300 $1,124,475 $1,397,400
Kings 36047 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Nassau 36059 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
New York 36061 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Orange 36071 New York-Newark-Jersey City, Ny-Nj-Pa $726,525 $930,300 $1,124,475 $1,397,400
Putnam 36079 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Queens 36081 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Richmond 36085 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Rockland 36087 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Suffolk 36103 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550
Westchester 36119 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550

 

North Carolina

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Camden 37029 Elizabeth City, Nc $625,500 $800,775 $967,950 $1,202,925
Pasquotank 37139 Elizabeth City, Nc $625,500 $800,775 $967,950 $1,202,925
Perquimans 37143 Elizabeth City, Nc $625,500 $800,775 $967,950 $1,202,925

 

Pennsylvania

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Pike 42103 New York-Newark-Jersey City, Ny-Nj-Pa $765,600 $980,325 $1,184,925 $1,472,550

 

Tennessee

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Cannon 47015 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Cheatham 47021 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Davidson 47037 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Dickson 47043 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Hickman 47081 Nashville-Davidson--Murfreesboro--Frank $534,750 $684,550 $827,500 $1,028,350
Macon 47111 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Maury 47119 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Robertson 47147 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Rutherford 47149 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Smith 47159 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Sumner 47165 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Trousdale 47169 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Williamson 47187 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650
Wilson 47189 Nashville-Davidson--Murfreesboro--Frank $563,500 $721,400 $872,000 $1,083,650

 

Utah

County 5-Digit County Code Metropolitan Designation 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Box Elder 49003 Salt Lake City, Ut $646,300 $827,400 $1,000,100 $1,242,900
Davis 49011 Salt Lake City, Ut $646,300 $827,400 $1,000,100 $1,242,900
Morgan 49029 Salt Lake City, Ut $646,300 $827,400 $1,000,100 $1,242,900
Salt Lake 49035 Salt Lake City, Ut $600,300 $768,500 $928,950 $1,154,450
Summit 49043 Summit Park, Ut $762,450 $976,100 $1,179,850 $1,466,250
Tooele 49045 Salt Lake City, Ut $600,300 $768,500 $928,950 $1,154,450
Wasatch 49051 Salt Lake City, Ut $762,450 $976,100 $1,179,850 $1,466,250
Weber 49057 Salt Lake City, Ut $646,300 $827,400 $1,000,100 $1,242,900

 

Virginia

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Amelia 51007 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Arlington 51013 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Caroline 51033 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Charles City 51036 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Chesterfield 51041 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Clarke 51043 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Culpeper 51047 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Cumberland 51049 Non-Metro $535,900 $686,050 $829,250 $1,030,600
Dinwiddie 51053 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Fairfax 51059 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Fauquier 51061 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Goochland 51075 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Hanover 51085 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Henrico 51087 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
King And Queen 51097 Non-Metro $535,900 $686,050 $829,250 $1,030,600
King William 51101 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Loudoun 51107 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Louisa 51109 Non-Metro $535,900 $686,050 $829,250 $1,030,600
Madison 51113 Non-Metro $765,600 $980,325 $1,184,925 $1,472,550
New Kent 51127 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Powhatan 51145 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Prince George 51149 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Prince William 51153 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Rappahannock 51157 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Spotsylvania 51177 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Stafford 51179 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Sussex 51183 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Warren 51187 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Alexandria City 51510 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Colonial Height 51570 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Fairfax City 51600 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Falls Church City 51610 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Fredericksburg 51630 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Hopewell City 51670 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Manassas City 51683 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Manassas Park City 51685 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550
Petersburg City 51730 Richmond, Va $535,900 $686,050 $829,250 $1,030,600
Richmond City 51760 Richmond, Va $535,900 $686,050 $829,250 $1,030,600

 

Washington State

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
King 53033 Seattle-Tacoma-Bellevue, Wa $741,750 $949,600 $1,147,800 $1,426,450
Pierce 53053 Seattle-Tacoma-Bellevue, Wa $741,750 $949,600 $1,147,800 $1,426,450
Snohomish 53061 Seattle-Tacoma-Bellevue, Wa $741,750 $949,600 $1,147,800 $1,426,450

 

West Virginia

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Jefferson 54037 Washington-Arlington-Alexandria, Dc-Va- $765,600 $980,325 $1,184,925 $1,472,550

 

Wyoming

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Teton 56039 Jackson, Wy-Id $765,600 $980,325 $1,184,925 $1,472,550

 

Guam

5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
66010 $765,600 $980,325 $1,184,925 $1,472,550

U.S. Virgin Islands

Island 5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
St. Croix 78010 $765,600 $980,325 $1,184,925 $1,472,550
St. John 78020 $765,600 $980,325 $1,184,925 $1,472,550
St. Thomas 78030 $765,600 $980,325 $1,184,925 $1,472,550

 

Northern Mariana Islands

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Northern Island 69085 Non-Metro $524,400 $671,300 $811,450 $1,008,450
Saipan 69110 Non-Metro $529,000 $677,200 $818,600 $1,017,300
Tinian 69120 Non-Metro $532,450 $681,650 $823,950 $1,023,950

Historical Conforming Mortgage Limits

The following table lists conforming mortgage limits by year from the 1970s onward.

Year 1 Family YoY Change % △ 2 Family 3 Family 4 Family Second Loan High Cost 1 Family
2019 $484,350 $31,250 6.90% $620,200 $749,650 $931,600 $242,175 $726,525
2018 $453,100 $29,000 6.84% $580,150 $701,250 $871,450 $226,550 $679,650
2017 $424,100 $7,100 1.70% $543,000 $656,350 $815,650 $208,500 $636,150
2016 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2015 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2014 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2013 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2012 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2011 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2010 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2009 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2008 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2007 $417,000 $0 0.00% $533,850 $645,300 $801,950 $208,500 $625,500
2006 $417,000 $57,350 15.95% $533,850 $645,300 $801,950 $208,500 $625,500
2005 $359,650 $25,950 7.78% $460,400 $556,500 $691,600 $179,825 $539,475
2004 $333,700 $11,000 3.41% $427,150 $516,300 $641,650 $166,850 $500,550
2003 $322,700 $22,000 7.32% $413,100 $499,300 $620,500 $161,350 $484,050
2002 $300,700 $25,700 9.35% $384,900 $465,200 $578,150 $150,350 $451,050
2001 $275,000 $22,300 8.82% $351,950 $425,400 $528,700 $137,500 $412,500
2000 $252,700 $12,700 5.29% $323,400 $390,900 $485,800 $126,350 $379,050
1999 $240,000 $12,850 5.66% $307,100 $371,200 $461,350 $120,000 $360,000
1998 $227,150 $12,550 5.85% $290,650 $351,300 $436,600 $113,575 $340,725
1997 $214,600 $7,600 3.67% $274,550 $331,850 $412,450 $107,300 $321,900
1996 $207,000 $3,850 1.90% $264,750 $320,050 $397,800 $103,500 $310,500
1995 $203,150 $0 0.00% $259,850 $314,100 $390,400 $101,575 $304,725
1994 $203,150 $0 0.00% $259,850 $314,100 $390,400 $101,575 $304,725
1993 $203,150 $850 0.42% $259,850 $314,100 $390,400 $101,575 $304,725
1992 $202,300 $11,050 5.78% $258,800 $312,800 $388,800 $101,150 $303,450
1991 $191,250 $3,800 2.03% $244,650 $295,650 $367,500 $95,625 $286,875
1990 $187,450 -$150 -0.08% $239,750 $289,750 $360,150 $93,725 $281,175
1989 $187,600 $18,900 11.20% $239,950 $290,000 $360,450 $93,800 $281,400
1988 $168,700 $15,600 10.19% $215,800 $260,800 $324,150 $84,350 $253,050
1987 $153,100 $19,850 14.90% $195,850 $326,650 $294,150 $76,550 $229,650
1986 $133,250 $17,950 15.57% $170,450 $205,950 $256,000 $66,625 $199,875
1985 $115,300 $1,300 1.14% $147,500 $178,200 $256,000 $57,650 $172,950
1984 $114,000 $5,700 5.26% $145,800 $176,100 $218,900 $57,000 $171,000
1983 $108,300 $1,300 1.21% $138,500 $167,200 $207,900 $108,300 $162,450
1982 $107,000 $8,500 8.63% $136,800 $165,100 $205,300 $107,000 $160,500
1981 $98,500 $4,750 5.07% $126,000 $152,000 $189,000 $98,500 $147,750
1980 $93,750 $24,250 35.93% $120,000 $145,000 $180,000 N/A $140,625
1979 $67,500 $7,500 12.50%          
1978 $60,000 $0 0.00%          
1977 $60,000 $27,000 90.00%          
1976 $33,000 $0 0.00%          
1975 $33,000 $0 0.00%          
1974 $33,000 $0 0.00%          
1973 $33,000 $0 0.00%          
1972 $33,000 $0 0.00%          
1971 $33,000 $0 0.00%          
1970 $33,000          

Alaska, Guam, Hawaii & Virgin Islands have a limit 50% higher than the conventional loan limit. In 1992 Virgin Islands was designated as a high-cost area & in 2001 Guam was designated as a high cost area.

Second mortgage limits were the same as first mortgage limits before 1984, when they were adjusted to 50% of the first mortgage limits. Fannie Mae only began offering a second mortgage program in 1981.

Homeowners May Want to Refinance While Rates Are Low

US 10-year Treasury rates have recently fallen to all-time record lows due to the spread of coronavirus driving a risk off sentiment, with other financial rates falling in tandem. Homeowners who buy or refinance at today's low rates may benefit from recent rate volatility.

Are you paying too much for your mortgage?

Find Out What You Qualify For

Check your refinance options with a trusted lender.

Answer a few questions below and connect with a lender who can help you refinance and save today!