LoanLimits.org is a central repository for loan limit-related data and resources. This website offers 2016 – 2017 loan limits by county, in all primary mortgage categories. We also publish local real estate data, such as home prices and housing market conditions, as a service to our readers. Use the applicable link below to find the information you need.
Please see the important message below relating to ongoing 2017 updates.
Update: New Loan Limits for 2017
Federal housing officials are currently in the process of updating the loan limits for all three mortgage programs covered on this site (FHA, VA and conventional). We are updating our website to bring you the latest and most accurate information.
* It’s possible that VA loan limits will be aligned with the conforming caps for 2017, as they were in 2016. We will know more within the next few weeks, and we will update this website when new information becomes available.
VA and Conforming Are Aligned, for Now
Did you know: the loan limits for conforming and VA loans are currently they same. If you visit the Department of Veterans Affairs website, you’ll see the following message: “Effective January 1, 2016. VA’s 2016 Loan Limits are the same as the Federal Housing Finance Agency’s [conforming] limits.”
We don’t yet know if these two categories will remain aligned in 2017, but it appears likely. We will post more information over the coming weeks, when the Department of Veterans Affairs announces the revised caps for 2017.
How Do These Limits Affect Home Buyers, Borrowers?
Loan limits vary by county, and they are updated every year to keep up with home-price increases. Sometimes they are simply carried over from one year to the next, without any changes. Other times, county loan limits are increased in response to rapidly rising home prices.
If you are in the market for a mortgage loan, you should research the limits for the county in which you reside (or where you plan to buy a home). You’ll find all counties of the U.S. listed within the VA, FHA and conforming pages on our website.
It’s possible to secure mortgage financing above the 2017 loan limits. This is referred to as a “jumbo” mortgage loan. Jumbo mortgage products exceed the size restrictions set by the Federal Housing Finance Agency, and therefore cannot be sold to Fannie Mae or Freddie Mac. Lenders typically require larger down payments (and sometimes higher credit scores) for borrowers seeking a jumbo loan, since there is more risk involved.
If you would like to learn more about 2017 loan limits by county, and how they are established, visit the overview page for the particular category you’re interested in — FHA, VA or conforming. You can also find more information about the various loan limits on FHFA.gov, HUD.gov, or VA.gov.
Disclaimers: This is not a government website. This website is owned by an independent publisher and offered for the sake of convenience. The information on this website was compiled from various official sources. We have made every effort to ensure the accuracy of the 2017 loan limits published on this site. But there is always a chance for errors or inaccuracies. For the most accurate information available, please refer to the appropriate government agency or department mentioned above. If you find an error on this website, please send an email to email@example.com.