Loan Limits

2020 Conforming Mortgage Loan Limits

Conventional

(Fannie Mae / Freddie Mac)

Fannie Mae and Freddie Mac Increase Loan Limits from $484,350 to $510,400.
High Cost Areas : The new ceiling loan limit for one-unit properties in most high-cost areas will be $765,600 — or 150% of $510,400.

FHA & VA

FHA & VA loan limits are determined by statistical data on a county by county basis.
Visit https://entp.hud.gov/idapp/html/hicostlook.cfm to determine loan limits for 1-4 family properties by county.

Max Rehab Costs Limited 203K

Increased from $35,000 to $50,00 in Qualified Opportunity Zones only effective with case numbers assigned from December 16, 2019 – December 31, 2028.

Effective January 2020