December 4, 2024
To: Clients and Friends
From: Daniel S. Engle
Subject: FHFA Announces Conforming Loan Limit Values for 2025
On November 26, 2024, the Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for mortgages that will be acquired by Fannie Mae and Freddie Mac in 2025 (click here). The baseline loan limits for 2025 will be:
One-Unit: $806,500
Two-Unit: $1,032,650
Three-Unit: $1,248,150
Four-Unit: $1,551,250
The baseline loan limits for Alaska, Guam, Hawaii, and the U.S. Virgin Islands will be:
One-Unit: $1,209,750
Two-Unit: $1,548,975
Three-Unit: $1,872,225
Four-Unit: $2,326,875
The ceiling for high-cost area loan limits will be:
One-Unit: $1,209,750
Two-Unit: $1,548,975
Three-Unit: $1,872,225
Four-Unit: $2,326,875
The FHFA has provided the conforming loan limit value for each county, which will give the applicable high-cost area loan limit for each high-cost area county, and can be found here: click here
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