For 2025, the baseline conventional conforming loan limit for a 1-unit home is $806,500 in most U.S. counties. In designated high-cost areas, the 1-unit limit can go up to $1,209,750.

Conventional loan limits are set each year by the Federal Housing Finance Agency (FHFA) and apply to loans backed by Fannie Mae and Freddie Mac.

Here are the 2025 conforming loan limits by property size:

– 1-unit property: $806,500 standard limit; up to $1,209,750 in high-cost areas
– 2-unit property: $1,032,650 standard limit; up to $1,548,975 in high-cost areas
– 3-unit property: $1,248,150 standard limit; up to $1,872,225 in high-cost areas
– 4-unit property: $1,551,250 standard limit; up to $2,326,875 in high-cost areas

A few important notes:

– These are loan amount limits, not purchase price limits.
– Your down payment affects whether your loan amount stays within the conventional limit.
– Some counties have higher limits based on local home prices.
– Loans above the conforming limit are generally considered jumbo loans, which may have different credit, down payment, reserve, and underwriting requirements.

For example, if you buy a 1-unit home in a standard-limit county, your conventional loan amount generally needs to be at or below $806,500 to be considered conforming. If the home price is higher, you may still use conventional financing if your down payment brings the loan amount under the applicable limit.

For 2025, the Federal Housing Finance Agency (FHFA) increased conventional (conforming) loan limits to keep pace with rising home values. These are the maximum loan amounts that Fannie Mae and Freddie Mac will purchase.

**2025 Conforming Loan Limits (Most U.S. Counties):**

– **1-unit property:** $806,500
– **2-unit property:** $1,032,650
– **3-unit property:** $1,248,150
– **4-unit property:** $1,551,250

**High-Cost Area Limits (ceiling):**

– **1-unit property:** $1,209,750
– **2-unit property:** $1,548,975
– **3-unit property:** $1,872,225
– **4-unit property:** $2,326,875

High-cost area limits apply in expensive markets like parts of California, New York, Washington D.C., Hawaii, and Alaska. The exact limit in your area depends on your county—many counties fall somewhere between the baseline and the ceiling.

**Why this matters:**

– Loans **at or below** the conforming limit follow standard conventional guidelines and generally offer competitive pricing.
– Loans **above** the conforming limit are considered **jumbo loans**, which typically have stricter requirements (higher credit scores, larger down payments, more reserves) but can still be very competitive.

**A few things to keep in mind:**

– These limits apply to the **loan amount**, not the purchase price. If you put more money down, you can buy a more expensive home and still stay within conforming limits.
– FHA and VA loan limits are set separately and have their own structure.
– Multi-unit (2-4 unit) limits are higher, which can be useful for house-hacking or small investment properties.
– Limits are typically adjusted each year based on the FHFA’s House Price Index.

To find the exact limit for your county, you can search the FHFA’s official loan limit lookup tool, or your loan officer can confirm it based on the property address you’re considering.

The conventional loan limits for 2025 have not yet been announced. The Federal Housing Finance Agency (FHFA) typically releases the new limits for the upcoming year in late November.

The FHFA determines these limits based on changes in average U.S. home prices. The agency analyzes its House Price Index (HPI) report through the third quarter of the year to calculate the adjustment. If home prices have increased, the loan limits will likely rise for the following year.

To give you a baseline, here are the current conventional loan limits for 2024:

* **Standard Limit:** For most counties in the U.S., the 2024 limit for a one-unit property is $766,550.
* **High-Cost Area Limit:** In certain designated high-cost areas where home prices are significantly above the national average (like parts of California, New York, and Colorado), the limit for a one-unit property can go up to a ceiling of $1,149,825.
* **Special Statutory Areas:** Alaska, Hawaii, Guam, and the U.S. Virgin Islands also have their own higher limits.

These limits are higher for multi-unit properties (2-4 units). For example, the 2024 limit for a four-unit property is $1,474,400 in most areas and can reach $2,211,600 in high-cost areas.

Until the official 2025 numbers are released, you should use the current 2024 limits for your planning. You can check the FHFA’s website for a map that allows you to look up the specific loan limit for any county in the country.