Navigation Conforming Loan Limits.
2021 FHFA Limits for Conforming Mortgages by State & County

Current Conforming Loan Limits

On November 24, 2020 the Federal Housing Finance Agency (FHFA) raised the 2021 conforming loan limit on single family homes from $510,400 to $548,250 - an increase of $37,850 or 7.42%. 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 $822,375.

Here is an overview of the 2021 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 $548,250 $702,000 $848,500 $1,054,500
Designiated High-cost Areas $822,375 $1,053,000 $1,272,750 $1,581,750
Alaska, Hawaii, Guam & U.S. Virgin Islands $822,375 $1,053,000 $1,272,750 $1,581,750

Across the continental United States & other U.S. territories the breakdown of the above limits is as follows.

Limit Counties Info
Low limit 3,062 Includes 2,975 continental counties along with Puerto Rico, American Samoa and the Northern Mariana Islands
In between 70
High limit 101 96 counties plus Washington, D.C., Guam, and the U.S. Virgin Islands

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 historically have also applied to other government-backed housing programs.

1

The FHA set the floor at $356,362 while setting their ceiling at $822,375. Those FHA loan amounts correspond to 65% of the baseline conforming limit & 100% of the high-cost area conforming limit.

 

2

The U.S Department of Veterans Affairs does not cap VA loan amounts. Historically they used the conforming loan limits to determine the maximium amount of liability they can assume, which means loans above those amounts would typically require a pro-rated cash downpayment from the borrower. The Blue Water Navy Vietnam Veterans Act of 2019 did away with VA loan limit for those who do not have a current outstanding VA loan & have never defaulted on a VA loan.

 

3

The HECM reverse mortgage maximum claim amount is set to $822,375, 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 (MBS) which enables institutional investors to invest in the real estate market. This, in turn, add liquidity to the marketplace and lowers 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%.

The United States economy is heavily reliant on the consumer and is heavily debt levered. During periods of economic instability in the United States the Federal Reserve buys large quantities of Treasuries and MBS to hold down interest rates and add liquidity to the marketplace. On March 3, 2020 the Federal Reserve Open Market Committee (FMOC) cut the Fed Funds Rate 50 basis points to the range of 1 to 1.25%. On March 16, 2020 the FOMC lowered the Fed Funds Rate another 100 basis points to a range of 0 to 0.25%. In the 4-month period after the COVID-19 crisis hit the Federal Reserve not only slashed the Fed Funds Rate twice to zero but they also expanded their balance sheet by $3 trillion dollars to over $7 trillion. A number of factors have led to 2020 being a record year for mortgage volume with Fannie Mae projecting $4.1 trillion in total loan volume.

  • The FOMC lowered the Fed Funds Rate & yields on other Treasuries fell in the face of the COVID-19 crisis. Mortgage rates also fell sharply (reaching all time lows) dramatically lowering monthly loan payments.
  • Many homeowners took adventage of falling rates to refinance their mortgages. Fannie Mae projected $2.7 trillion of total mortgage volume in 2020 would be refinance loans.
  • Many people who saw social unrest and lockdowns in urban areas and could work from home decided to either move outright or buy a second larger home further away from major cities.

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.

Download The Current FHFA Conforming Load Limits

Download the FHFA conforming loan limits in XLSX or PDF formats: 2020 XLSX, 2021 XLSX, 2020 PDF, 2021 PDF. Below are county limits listed state by state alphabetically. Where a state is not listed it means the entire state is subject to the continental baseline.

See Today's Best Mortgage Rates in Your State

Click on your state to get today's best rates and prequalify for your mortgage!

Alaska

County 5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
All 02013 - 02290 $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750
Contra Costa 06013 San Francisco-Oakland-Hayward, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
El Dorado 06017 Sacramento--Roseville--Arden-Arcade, Ca $598,000 $765,550 $925,350 $1,150,000
Los Angeles 06037 Los Angeles-Long Beach-Anaheim, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Marin 06041 San Francisco-Oakland-Hayward, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Monterey 06053 Salinas, Ca $739,450 $946,650 $1,144,250 $1,422,050
Napa 06055 Napa, Ca $816,500 $1,045,250 $1,263,500 $1,570,200
Orange 06059 Los Angeles-Long Beach-Anaheim, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Placer 06061 Sacramento--Roseville--Arden-Arcade, Ca $598,000 $765,550 $925,350 $1,150,000
Sacramento 06067 Sacramento--Roseville--Arden-Arcade, Ca $598,000 $765,550 $925,350 $1,150,000
San Benito 06069 San Jose-Sunnyvale-Santa Clara, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
San Diego 06073 San Diego-Carlsbad, Ca $753,250 $964,300 $1,165,600 $1,448,600
San Francisco 06075 San Francisco-Oakland-Hayward, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
San Luis Obispo 06079 San Luis Obispo-Paso Robles-Arroyo Gran $701,500 $898,050 $1,085,550 $1,349,050
San Mateo 06081 San Francisco-Oakland-Hayward, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Santa Barbara 06083 Santa Maria-Santa Barbara, Ca $660,100 $845,050 $1,021,450 $1,269,450
Santa Clara 06085 San Jose-Sunnyvale-Santa Clara, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Santa Cruz 06087 Santa Cruz-Watsonville, Ca $822,375 $1,053,000 $1,272,750 $1,581,750
Solano 06095   $550,850 $705,200 $852,400 $1,059,350
Sonoma 06097 Santa Rosa, Ca $707,250 $905,400 $1,094,450 $1,360,100
Ventura 06111 Oxnard-Thousand Oaks-Ventura, Ca $739,450 $946,650 $1,144,250 $1,422,050
Yolo 06113 Sacramento--Roseville--Arden-Arcade, Ca $598,000 $765,550 $925,350 $1,150,000

 

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 $596,850 $764,050 $923,600 $1,147,800
Arapahoe 08005 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Boulder 08013 Boulder, Co $654,350 $837,700 $1,012,550 $1,258,400
Broomfield 08014 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Clear Creek 08019 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Denver 08031 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Douglas 08035 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Eagle 08037 Edwards, Co $822,250 $1,052,650 $1,272,400 $1,581,300
Elbert 08039 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Garfield 08045 Glenwood Springs, Co $765,600 $980,325 $1,184,925 $1,472,550
Gilpin 08047 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Jefferson 08059 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Lake 08065 Non-Metro $625,500 $800,775 $967,950 $1,202,925
Park 08093 Denver-Aurora-Lakewood, Co $596,850 $764,050 $923,600 $1,147,800
Pitkin 08097 Glenwood Springs, Co $765,600 $980,325 $1,184,925 $1,472,550
Routt 08107 Steamboat Springs, Co $678,500 $868,600 $1,049,950 $1,304,850
San Miguel 08113 Non-Metro $649,750 $831,800 $1,005,450 $1,249,550
Summit 08117 Breckenridge, Co $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $608,350 $778,800 $941,400 $1,169,900

 

Hawaii

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Hawaii 15001 Hilo, Hi $822,375 $1,053,000 $1,272,750 $1,581,750
Honolulu 15003 Urban Honolulu, Hi $822,375 $1,053,000 $1,272,750 $1,581,750
Kalawao 15005 Kahului-Wailuku-Lahaina, Hi $822,375 $1,053,000 $1,272,750 $1,581,750
Kauai 15007 Kapaa, Hi $822,375 $1,053,000 $1,272,750 $1,581,750
Maui 15009 Kahului-Wailuku-Lahaina, Hi $822,375 $1,053,000 $1,272,750 $1,581,750

 

Idaho

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
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
Teton 16081 Jackson, Wy-Id $822,375 $1,053,000 $1,272,750 $1,581,750

 

Maryland

County 5-Digit County Code Metropolitan Area 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
Calvert 24009 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Charles 24017 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Frederick 24021 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Montgomery 24031 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Prince George's 24033 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750
Essex 25009 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300
Middlesex 25017 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300
Nantucket 25019 Non-Metro $822,375 $1,053,000 $1,272,750 $1,581,750
Norfolk 25021 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300
Plymouth 25023 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300
Suffolk 25025 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300

 

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 $724,500 $927,500 $1,121,150 $1,393,300
Strafford 33017 Boston-Cambridge-Newton, Ma-Nh $724,500 $927,500 $1,121,150 $1,393,300

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750
Essex 34013 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Hudson 34017 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Hunterdon 34019 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Middlesex 34023 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Monmouth 34025 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Morris 34027 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Ocean 34029 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Passaic 34031 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Somerset 34035 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Sussex 34037 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Union 34039 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750
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 $822,375 $1,053,000 $1,272,750 $1,581,750
Nassau 36059 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
New York 36061 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
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 $822,375 $1,053,000 $1,272,750 $1,581,750
Queens 36081 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Richmond 36085 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Rockland 36087 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Suffolk 36103 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750
Westchester 36119 New York-Newark-Jersey City, Ny-Nj-Pa $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $586,500 $750,800 $907,550 $1,127,900
Cheatham 47021 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Davidson 47037 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Dickson 47043 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Macon 47111 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Maury 47119 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Robertson 47147 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Rutherford 47149 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Smith 47159 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Sumner 47165 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Trousdale 47169 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Williamson 47187 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900
Wilson 47189 Nashville-Davidson--Murfreesboro--Frank $586,500 $750,800 $907,550 $1,127,900

 

Utah

County 5-Digit County Code Metropolitan Area 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 $817,650 $1,046,750 $1,265,250 $1,572,450
Tooele 49045 Salt Lake City, Ut $600,300 $768,500 $928,950 $1,154,450
Wasatch 49051 Salt Lake City, Ut $817,650 $1,046,750 $1,265,250 $1,572,450
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
Arlington 51013 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Clarke 51043 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Culpeper 51047 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Fairfax 51059 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Fauquier 51061 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Loudoun 51107 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Madison 51113 Non-Metro $822,375 $1,053,000 $1,272,750 $1,581,750
Prince William 51153 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Rappahannock 51157 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Spotsylvania 51177 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Stafford 51179 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Warren 51187 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Alexandria City 51510 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Fairfax City 51600 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Falls Church City 51610 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Fredericksburg City 51630 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Manassas City 51683 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750
Manassas Park City 51685 Washington-Arlington-Alexandria, Dc-Va- $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $776,250 $993,750 $1,201,200 $1,492,800
Pierce 53053 Seattle-Tacoma-Bellevue, Wa $776,250 $993,750 $1,201,200 $1,492,800
Snohomish 53061 Seattle-Tacoma-Bellevue, Wa $776,250 $993,750 $1,201,200 $1,492,800

 

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- $822,375 $1,053,000 $1,272,750 $1,581,750

 

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 $822,375 $1,053,000 $1,272,750 $1,581,750

 

Guam

5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
66010 $822,375 $1,053,000 $1,272,750 $1,581,750

 

U.S. Virgin Islands

Island 5-Digit County Code 1 Unit Limit 2 Unit Limit 3 Unit Limit 4 Unit Limit
St. Croix 78010 $822,375 $1,053,000 $1,272,750 $1,581,750
St. John 78020 $822,375 $1,053,000 $1,272,750 $1,581,750
St. Thomas 78030 $822,375 $1,053,000 $1,272,750 $1,581,750

 

The default baseline conforming limits apply to all other counties in all states, along with Puerto Rico and the islands which make up the Northern Mariana Islands (Northern Island, Saipan & Tinian).

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
2021 $548,250 $37,850 7.42% $702,000 $848,500 $1,054,500 $274,125 $822,375
2020 $510,400 $36,050 7.44% $653,550 $789,950 $981,700 $255,200 $765,600
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.

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