Conforming Loan Limits for 2012

The Federal Housing Finance Agency has announced that the conforming loan limit will remain at $417,000 for 2011 for most areas of the U.S. The conforming limit is the maximum size of loans that can be purchased by Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency's higher conforming loan limits will expire on December 31, 2010 September 2011. This may lead to higher interest rates for larger jumbo mortgages if the conforming loan limits program is not extended.

As part of the Economic Stimulus Package of 2008, the conforming loan limit was increased in certain "high cost" areas of the U.S. to as high as $729,750. When and act expires on December 31, 2010 September 2011, the conforming loan limit in high cost areas will return to $625,500 in high cost areas and $417,000 for most areas.

Loans over the conforming limit, or jumbo mortgages, typically have higher mortgage interest rates since they are not purchased or guaranteed by Fannie Mae or Freddie Mac.

The temporary conforming loan limit also applies to mortgages insured by the Federal Housing Administration. Learn about FHA mortgages.

Conforming Loan Limits Calculator

Total Mortgage offers a free Conforming Loan Limits Calculator tool to check conforming loan limits in your area.

Please enter your county, state, and select property type:
(Please make sure you spell it correctly.)
County:
 State:
 Property Type:

Call a Total Mortgage expert now at 877-868-2503 to find out how we can customize a mortgage loan with some of the lowest current mortgage rates for you.

Get a Fast, Free, No Obligation
 Rate Quote