What Is Conforming Loan Limit?
Conforming Loan Limit: The largest loan Fannie Mae and Freddie Mac will buy, set each year by the FHFA.
The conforming loan limit is the maximum loan amount that Fannie Mae and Freddie Mac can buy. The Federal Housing Finance Agency (FHFA) sets it each year based on home price changes.
2026 limits
- $832,750 for a one-unit home in most of the U.S.
- Higher in designated high-cost areas, up to 150% of the baseline
- Higher limits for two- to four-unit properties
- Higher baseline limits in Alaska, Hawaii, Guam and the U.S. Virgin Islands
Why it matters
A loan at or below the limit is a conforming conventional loan. A loan above it is a jumbo loan, which usually has stricter requirements.
Example
Buying an $875,000 home with 5% down means an $831,250 loan, just under the baseline limit. With 3% down, the loan would be $848,750, over the limit and a jumbo loan in most counties.
Good to know
Unbeatable flags loan amounts above the conforming limit so you can compare a jumbo loan with a larger down payment.