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

 
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