Loan Limits

2021 Conforming Mortgage Loan Limits

Conventional
(Fannie Mae / Freddie Mac)
  • Fannie Mae and Freddie Mac Increase Loan Limits from $548,250 to $625,000.
  • High Cost Areas : The new ceiling loan limit for one-unit properties in most high-cost areas will be $822,375 — or 150% of $548,250.

FHA & VA

  • The Federal Housing Agency (FHA) has raised its loan limit by 7.4% to a maximum amount of $356,362 in most areas.
  • High Cost Areas: In certain high cost areas, it’s $822,375.
 
Max Rehab Costs Limited 203K
Increased from $35,000 to $50,00 in Qualified Opportunity Zones only effective with case numbers assigned from December 16, 2019 – December 31, 2028.
 
Effective January 2021