The standard conforming loan limit for a 1-unit home is currently $806,500 in most U.S. counties. In designated high-cost areas, the 1-unit limit can be as high as $1,209,750.

Conforming loan limits are set by the Federal Housing Finance Agency and apply to conventional loans backed by Fannie Mae and Freddie Mac. The exact limit depends on the county and number of units.

For most areas, the current baseline limits are:

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

For high-cost counties, the maximum limits can go up to:

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

Areas like parts of California, New York, New Jersey, Washington, D.C., Hawaii, and other higher-priced markets may have higher county-specific limits.

If your loan amount is above the conforming limit for your county, it is generally considered a jumbo loan, which may have different credit score, down payment, reserve, and underwriting requirements. The best next step is to look up the specific county where the property is located, since that determines the applicable limit.

# Current Conforming Loan Limits (2025)

The Federal Housing Finance Agency (FHFA) sets conforming loan limits each year for mortgages eligible to be purchased by Fannie Mae and Freddie Mac. For 2025, the limits increased meaningfully from the prior year.

**Standard (Baseline) Limits for 2025:**
– **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 for 2025:**
In designated high-cost markets (parts of California, New York, D.C. metro, Hawaii, Alaska, and others), the ceiling is 150% of the baseline:
– **1-unit property:** $1,209,750
– **2-unit property:** $1,548,975
– **3-unit property:** $1,872,225
– **4-unit property:** $2,326,875

Some counties fall between the baseline and the high-cost ceiling, with limits set based on local median home prices.

**Why these limits matter:**
– **Conforming loans** (at or below these limits) typically offer more competitive pricing, easier qualification, and lower down payment options compared to jumbo loans.
– **Jumbo loans** (above these limits) usually require stronger credit, larger down payments, and more reserves.
– **Conforming high-balance loans** (between baseline and high-cost limit) are a middle tier—eligible for Fannie/Freddie but often priced slightly higher than standard conforming.

**Quick tips:**
– Limits are set by **county**, not state, so check your specific county on the FHFA website.
– Hawaii, Alaska, Guam, and the U.S. Virgin Islands have higher baseline limits.
– These limits apply to the **loan amount**, not the home’s purchase price—so a higher-priced home can still qualify for a conforming loan with a larger down payment.

If your loan amount falls just over the conforming limit, it’s often worth running the numbers both ways—a slightly larger down payment to stay within conforming territory can sometimes save money over the life of the loan.

For 2024, the baseline conforming loan limit for a one-unit property in most of the U.S. is $766,550. This limit can be as high as $1,149,825 in designated high-cost areas.

These limits are set annually by the Federal Housing Finance Agency (FHFA) and represent the maximum loan amount that government-sponsored enterprises Fannie Mae and Freddie Mac will purchase or guarantee. A loan that falls within these limits is called a “conforming loan.” Any loan amount above the conforming limit is considered a “jumbo loan,” which typically comes with different qualification requirements.

The specific limit that applies to you depends on two main factors: the county where the property is located and the number of units in the property.

Here is a breakdown of the 2024 limits for one-unit properties:

* **Baseline Limit:** $766,550. This applies to the majority of counties across the United States.
* **High-Cost Area Ceiling:** $1,149,825. This is the maximum limit for counties where the median home value is significantly higher than the baseline. Specific limits in these areas fall somewhere between the baseline and this ceiling. Examples of high-cost areas include parts of California, New York, and Colorado.
* **Special Statutory Areas:** Alaska, Hawaii, Guam, and the U.S. Virgin Islands have a baseline limit of $1,149,825, even for areas not designated as high-cost.

The loan limits also increase for multi-unit properties. For example, in a baseline area, the limit for a two-unit property is $981,500, a three-unit is $1,186,350, and a four-unit is $1,474,400. You can find the specific limit for any county in the U.S. by using the FHFA’s official lookup tool on their website.