 |
2010 Single-Family Mortgage Loan Limits
The Housing and Economic Recovery Act of 2008 changed Fannie Mae's charter to expand the definition of a "conforming" loan. Two sets of limits are provided for first mortgages -- general conforming loan limits, and high-cost area conforming loan limits.
The conforming loan limits apply to all conventional mortgages that are delivered to Fannie Mae on or after January 1, 2010. Please note that the 2010 general conforming loan limits are identical to the 2006, 2007, 2008, and 2009 conforming loan limits. The high-cost areas are determined by the Federal Housing Finance Agency and remained the same in 2009 and 2010.
| |
Maximum Original Principal Balance for
Loans Closed in 2010* |
| Units |
Contiguous States, District of Columbia, and Puerto Rico |
Alaska, Guam, Hawaii, and the U.S. Virgin Islands |
| |
General |
High-Cost* |
General |
High-Cost* |
1
|
$417,000 |
$729,750 |
$625,500 |
$938,250 |
2
|
$533,850 |
$934,200 |
$800,775 |
$1,201,150 |
3
|
$645,300 |
$1,129,250 |
$967,950 |
$1,451,925 |
4
|
$801,950 |
$1,403,400 |
$1,202,925 |
$1,804,375 |
* The limit may be lower for a specific high-cost area; use the Loan Limit Look-Up Table above to see limits by location. High-cost area limits may also vary depending on the loan origination date.
|
Historical Loan Limits