When are 2027 limits announced?

The FHFA typically announces new conforming loan limits in late November for the following year. The 2027 limits will likely be announced in November 2026 and take effect January 1, 2027. If home prices continue to rise, expect another increase in the limits.

Do limits apply to FHA and VA loans too?

FHA has its own separate loan limits, generally lower than conforming limits. VA loans no longer have a loan limit for veterans with full entitlement (as of 2020), effectively allowing unlimited VA jumbo loans with 0% down for eligible borrowers.

What if my property straddles two counties?

The conforming limit is determined by the county where the property is located. If the property is on a county line, the county listed on the property deed determines which limit applies. In rare cases where a property spans counties, consult with your lender for guidance.

Can conforming limits ever decrease?

Under the current HERA formula, conforming limits cannot decrease. If home prices fall, limits remain at their previous level until prices recover and exceed the previous peak. This is why limits have increased every year since 2017 without interruption.

State-by-State Jumbo Loan Limits for 2026

2026 Conforming Loan Limits

The Federal Housing Finance Agency (FHFA) sets conforming loan limits annually based on changes in national average home prices. For 2026, the baseline limit is $832,750 for a single-family home, up from previous years.

Any mortgage exceeding the conforming limit for your specific county is classified as a jumbo loan.

How Limits Are Determined

The Housing and Economic Recovery Act of 2008 (HERA) established the formula for calculating conforming loan limits:

The baseline limit applies to most U.S. counties

High-cost areas receive limits up to 150% of the baseline ($1,249,125)

A county qualifies as high-cost if the median home value exceeds 115% of the baseline limit

Limits are adjusted annually based on the FHFA House Price Index

2026 Limits by Property Type

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Notable High-Cost Areas

California

Most of California's major metro areas qualify as high-cost:

San Francisco County: $1,249,125

Los Angeles County: $1,209,750

San Diego County: $1,077,550

Orange County: $1,209,750

Santa Clara County: $1,249,125

New York

New York City (all 5 boroughs): $1,149,825

Westchester County: $1,149,825

Nassau/Suffolk (Long Island): $1,149,825

Rockland County: $1,149,825

Other Notable High-Cost Areas

Washington DC metro: $1,149,825

Hawaii (all counties): $1,249,125

Alaska (all boroughs): $1,249,125

Boston metro: $913,000+

Seattle/King County: $1,013,750

Denver/Boulder: $870,225+

Jackson Hole, WY: $1,249,125

Standard Limit States

Most states use the baseline $832,750 limit across all counties. These include:

Alabama, Arkansas, Delaware, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, West Virginia, Wisconsin

Important: Some of these states have individual counties with higher limits even though most counties use the baseline. Always check your specific county.

How to Find Your County Limit

Visit fhfa.gov and navigate to the conforming loan limit lookup tool

Select your state

Find your county

Note the 1-unit limit (this is the threshold above which you need a jumbo loan)

If your desired loan amount exceeds your county limit by even $1, you will need jumbo financing.

Why Limits Matter

Understanding your area's conforming limit helps you:

Plan your purchase: Know if you need jumbo qualification

Structure your financing: Consider piggyback loans to stay under the limit

Budget for down payment: Jumbo loans typically require more down

Time your purchase: Limits increase over time as prices rise

Compare options: Some areas are at the boundary where conforming rates may be available