Loan Limits

2022 Conforming Mortgage Loan Limits

Conventional

(Fannie Mae / Freddie Mac)

  • Fannie Mae and Freddie Mac Increase Loan Limits from $548,250 to $647,200.
  • High-Cost Areas: The new ceiling loan limit for one-unit properties will be $970,800, which is 150 percent of $647,200. 

 

FHA & VA

  • The Federal Housing Agency (FHA) has raised its loan limit by 18% to a maximum amount of $420,680 in most areas.
  • High Cost Areas: In certain high cost areas, it’s $ $970,800
 
Limited 203K up to $50,000
 
Effective January 2022