2026 conforming loan limits explained
The 2026 baseline is $832,750. How the limit is set, high-cost areas and jumbo loans.
Updated October 24, 2026
The conforming loan limit is the largest mortgage Fannie Mae and Freddie Mac can buy. For 2026, FHFA set the baseline for a one-unit home at $832,750, up $26,250 from $806,500 in 2025.
High-cost areas
Where 115% of the local median home value exceeds the baseline, the limit rises to that amount, up to a ceiling of 150% of the baseline — $1,249,125 in 2026. 156 counties have a limit above the baseline. Alaska, Hawaii, Guam and the U.S. Virgin Islands have higher statutory limits.
Jumbo loans
A loan above the conforming limit is a jumbo loan. In 2025, 3.8% of home-purchase mortgages exceeded the conforming limit that applied to them. Jumbo loans usually require higher credit scores and larger down payments.
Limits for 2–4 unit homes
Two- to four-unit properties have higher limits. Every county's figures are on its county page and in the 2026 loan-limit tables.
FHFA usually announces the next year's limits in late November.
Data: FFIEC/CFPB HMDA 2025 public loan/application register; FHFA and HUD 2026 loan limits. Home-purchase figures cover owner-occupied single-family (1–4 unit) site-built homes, first-lien closed-end loans. Methodology