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FHFA Loan Limits · 2026

Conforming Loan Limits 2026: Baseline and High-Cost Maximums

The 2026 one-unit baseline is $832,750, while designated high-cost counties can reach $1,249,125. Use this guide to match the property county and unit count before comparing conforming and jumbo options.

Quick answerSummary

For 2026, a one-unit conforming loan is capped at $832,750 in most counties. Designated high-cost counties may allow more, up to $1,249,125. The limit applies to the loan amount—not the purchase price—and changes with the property’s county and number of units.

  • ✓One-unit baseline: $832,750
  • ✓One-unit high-cost ceiling: $1,249,125
  • ✓Separate limits apply to two-, three-, and four-unit properties
  • ✓The loan amount—not the purchase price—is measured against the limit
  • ✓Amounts above the applicable limit generally require a different loan structure
  • ✓The official FHFA county file controls the final figure

What this means for you: Confirm the property county and unit count first, then have a Simply Approved Mortgages Loan Officer compare the available conforming, high-balance, and jumbo structures for your file.

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Simply Approved Mortgages Team

Licensed Loan Officers · NMLS# 2620881

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FHFA reference table

2026 conforming loan limits by property type

Match the property’s unit count to the baseline column. Use the high-cost ceiling only when the official FHFA county file assigns a higher local limit.

1 unit

Baseline
$832,750
High-cost ceiling
$1,249,125

2 units

Baseline
$1,066,250
High-cost ceiling
$1,599,375

3 units

Baseline
$1,288,800
High-cost ceiling
$1,933,200

4 units

Baseline
$1,601,750
High-cost ceiling
$2,402,625

The standard high-cost ceiling is 150% of the baseline. FHFA publishes special statutory provisions for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. Verify the exact county and unit-count figure before relying on this table.

Official FHFA page reached· checked November 14, 2026 at 6:55 PM ETOpen the FHFA source

Reference lookup only — limits are the published FHFA figures for the stated year. Not a quote, approval, or commitment to lend; eligibility depends on full underwriting.

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Share your numbers and a Simply Approved Mortgages Loan Officer sends back an estimated payment, estimated cash to close, and the structures that fit your file. Educational only — not a quote, lock, offer, or commitment to lend.

What is a conforming loan limit?

A conforming loan limit is the maximum mortgage amount that can meet the standard loan-size requirements for purchase by Fannie Mae or Freddie Mac. FHFA publishes the limits each year. A loan can be conventional without being conforming, but a loan above the applicable conforming limit is generally treated as jumbo or otherwise non-conforming.

The limit is only one eligibility test. A mortgage at or below the county maximum must still satisfy credit, income, debt, asset, occupancy, property, appraisal, and automated-underwriting requirements.

How FHFA calculates the annual limits

Under federal law, FHFA adjusts the national baseline using changes in its house-price data. For designated high-cost areas, the county limit can rise above the baseline based on local median home values, subject to the statutory ceiling. That is why neighboring counties can have different maximums even within the same state.

Mortgage rates do not set the annual limit. Rates affect borrowing cost and payment, while FHFA’s published schedule determines the conforming loan-size boundary.

Baseline, high-balance, and jumbo loans

Loan categoryLoan-size positionWhat changes
Standard conformingAt or below the national baselineUses standard-balance agency eligibility and pricing rules.
High-balance conformingAbove the baseline but within an eligible county limitRemains conforming, but pricing and some eligibility rules can differ.
JumboAbove the applicable county conforming limitUses private-investor guidelines for documentation, reserves, credit, appraisal, and loan structure.

Neither conforming nor jumbo is automatically the lower-cost choice. Compare offers for the same loan amount, lock period, occupancy, property, and borrower profile; binding figures appear on the Loan Estimate.

How to use the conforming loan limits table

  1. Identify the county where the property is physically located.
  2. Confirm whether the property has one, two, three, or four legal units.
  3. Open the FHFA county source and find the applicable year and unit count.
  4. Compare the planned base loan amount—not the sales price—to that figure.
  5. If the amount is close to or above the boundary, compare a larger down payment, a high-balance structure where available, and jumbo alternatives.

Want these numbers built around your file?

A short request is all it takes to get a written scenario summary back from a Simply Approved Mortgages Loan Officer. Binding figures appear on your Loan Estimate.

Why property unit count matters

FHFA publishes progressively higher maximums for two-, three-, and four-unit properties. A higher multi-unit limit does not remove owner-occupancy or underwriting requirements. For an owner-occupied multi-unit purchase, expected rental income may be evaluated under agency rules, and the appraisal must support the legal unit count and market rents.

Florida and Colorado county differences

Most Florida counties use the national baseline. Some Colorado counties—particularly higher-cost mountain and resort markets—can qualify for limits above the baseline. Do not infer the limit from the state name or nearest city: the property county in FHFA’s current file determines the maximum.

If a property crosses a county boundary or public records disagree, confirm the legal county before structuring the loan. This avoids comparing the requested amount against the wrong limit.

Conforming limits compared with FHA and VA rules

Conforming limits are published by FHFA for the Fannie Mae and Freddie Mac framework. FHA limits are separately published by HUD and can be lower in the same county. VA borrowers with full entitlement are not subject to a VA loan limit, although qualification, appraisal, lender requirements, and available guaranty still matter. Simply Approved Mortgages LLC is not affiliated with FHFA, HUD, FHA, VA, or any government agency.

Common conforming-limit mistakes to avoid

  • Comparing the purchase price instead of the loan amount.
  • Using a one-unit figure for a legal two- to four-unit property.
  • Assuming an entire state has one high-cost limit.
  • Using last year’s schedule after a new annual limit takes effect.
  • Assuming a loan below the limit is automatically approved.
  • Assuming jumbo pricing is always higher without a same-day comparison.
Expert Insight
Treat the county limit as a structuring boundary, not a target. When the requested amount sits near the line, compare the cost of adding to the down payment against both high-balance and jumbo pricing before choosing a loan category.
Simply Approved Mortgages Team
Licensed Loan Officers • NMLS# 2620881
Free · No obligation · Personalized guidance

See what your file actually qualifies for

Share a few details and a Simply Approved Mortgages Loan Officer reviews credit, income, and equity, then follows up with the structures that fit. Educational only until you receive a Loan Estimate.

~2 minutes Clear next steps from a real loan officer

Not a loan application, rate lock, or commitment to lend. Binding figures appear on your Loan Estimate.

Wholesale advantage

Compare loan officer compensation on your mortgage quote

Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.

Simply Approved Mortgages compensation (1.5%)$4,500
Quote you entered (2.75%)$8,250

Compensation difference on this illustration: $3,750.

How lower compensation can help you

Room for a lower rate

When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.

Possible credits toward closing

Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.

More purchasing power

A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.

Wholesale, not retail

As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.

Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.

Get a second opinion on your Loan Estimate

Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.

Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.

Today's rates

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Real rates — your scenario, not a guess

Today's rate options below refresh twice each business day from our wholesale pricing engine; run your own scenario in the pricing tool. National survey averages below give you market context — they're not Simply Approved's pricing.

Our live pricing engine

See your real rate — for your scenario, in our pricing tool

Pull live, scenario-specific pricing from our wholesale pricing engine. Your binding rate and APR are confirmed on your Loan Estimate after a quick file review.

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Pricing snapshot

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Today's Mortgage Rate Options at a Glance

Four real options from today's wholesale pricing for one documented sample scenario per program — no form needed. Updated twice each business day, about 10 AM and 2 PM Eastern. Your own rate depends on your credit, down payment, property, state and lock date.

National market context

Freddie Mac PMMS — weekly U.S. averages

Source: Freddie Mac PMMS (PMMS_history.csv)

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PMMS figures shown above are Freddie Mac's national survey averages, published weekly by Freddie Mac (PMMS_history.csv) — they are not Simply Approved Mortgages' rates, not a quote, not a lock, and not an offer or commitment to lend. Your actual rate, APR, and payment depend on credit profile, loan program, occupancy, LTV, DTI, property type, lock period, and current market pricing at the time of lock. Your binding figures appear on your Loan Estimate. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.

Get Ready

Document Checklist for Conforming Conventional Loan

Gathering these documents up front helps your Simply Approved Mortgages Loan Officer issue a stronger pre-approval and move Conforming Conventional Loan to Clear-to-Close faster. Actual items required vary by scenario — your loan officer will confirm the final list.

Choose your income type

Only the income documents that apply to you are shown. Switch tabs if you have multiple income sources — your loan officer will confirm which apply.

W-2 / Employed Income

  • ✓Most recent 30 days of paystubs (all borrowers, all jobs)
  • ✓W-2s for the last 2 years (all employers)
  • ✓Two-year employment history with employer names, addresses, and dates
  • ✓Verification of Employment — written (WVOE) or electronic (EVOE through a third-party payroll service); your loan officer orders it with your signed authorization
  • ✓Employment reverification within 10 days before closing — verbal or electronic, required on every file
  • ✓Bonus / commission / overtime: 2-year history if used to qualify
  • ✓Recent job change: offer letter and first paystub after start date
  • ✓Retirees / fixed income: Social Security award letter, pension statements, 1099-R

Assets & Reserves

  • ✓Most recent 2 months of bank statements (all pages)
  • ✓Most recent quarterly statement for retirement / brokerage / 401(k)
  • ✓Gift funds: signed gift letter + donor bank statement + transfer proof
  • ✓Large deposit letters of explanation with source documentation

Identity & Residency

  • ✓Government-issued photo ID (driver's license or passport)
  • ✓Social Security card or ITIN letter
  • ✓Two years of residency history with addresses

Credit & Liabilities

  • ✓Written credit report authorization
  • ✓Letter of explanation for any late payments, collections, or inquiries
  • ✓Bankruptcy discharge papers or foreclosure documentation (if applicable)
  • ✓Child support / alimony order (if paying or receiving)
  • ✓Divorce decree / separation agreement (only if applicable)

Property & Purchase

  • ✓Fully executed purchase contract with all addenda
  • ✓Earnest money deposit receipt + source of funds
  • ✓Homeowners insurance quote (binder before closing)
  • ✓HOA / condo questionnaire and dues statement (if applicable)

Educational checklist only. Not a commitment to lend and not a complete list of conditions. Documentation requirements are governed by agency guidelines (Fannie Mae Selling Guide, FHA Handbook 4000.1 incl. Update 18 (August 12, 2026), VA Lender's Handbook, USDA HB-1-3555) and individual investor overlays. Your Simply Approved Mortgages Loan Officer will provide your specific document list based on your scenario.

Credit Documentation & Monitoring

Credit Reports and Credit Monitoring for Conforming Conventional Loan

Credit is one of the four underwriting buckets every lender reviews — and one of the few you can actively improve before you apply. Monitoring your credit throughout the process helps you catch errors, fraud, and score changes early, which protects your approval timeline and your rate.

Step 1 · Lender Pull

Ordering Credit for Your Pre-Approval File

Once you sign your loan application (Form 1003) and disclosures, your Simply Approved Mortgages Loan Officer orders a tri-merge residential mortgage credit report (RMCR) from Equifax, Experian, and TransUnion. This is a hard inquiry, but FICO's model treats mortgage inquiries within a 45-day window as a single event, so shopping lenders during that window will not stack on your score.

  • What we need from you: signed borrower authorization, government-issued photo ID, Social Security number (or ITIN), and current address.
  • What the report shows underwriters: middle FICO score, open tradelines, minimum payments, late history, collections, public records, and recent inquiries.
  • How long it's valid: 120 days for conventional loans and for FHA/VA/USDA (HUD guidelines, VA Lender's Handbook Ch. 4). Older reports must be re-pulled before closing.
  • Rapid rescore: if a legitimate error is on your report, we can request a rapid rescore in 3–7 business days after you supply documentation from the creditor.
Pay for Your Credit Report →

This link redirects to our third-party credit vendor's payment portal. You pay the report fee directly so we can pull your tri-merge credit report for your pre-approval file. A credit pull is required for underwriting; this is not a commitment to lend.

Step 2 · Self-Check

Review and Monitor Your Credit at MyITINCredit.com

Before we pull your file, review and monitor your credit at MyITINCredit.com. Their $1 promotional trial gives you tri-bureau visibility plus ongoing credit monitoring so you can catch changes, disputes, or new accounts as they appear — not after they've already delayed your loan.

  • Verify accuracy: confirm names, addresses, SSN/ITIN, and every open account belong to you.
  • Dispute errors: the Fair Credit Reporting Act gives you the right to dispute inaccurate items directly with the bureau — no charge.
  • Address collections and charge-offs: a settled or paid collection can be documented in advance so it does not stall underwriting.
  • Pay down utilization: credit-card balances reported below 30% of the limit typically produce the strongest scores.
  • Avoid new credit: do not open new cards, finance a car, or co-sign for anyone from now through closing.
  • Monitor continuously: credit monitoring alerts you to new inquiries, balance changes, and potential identity theft while your loan is in process.
Check & Monitor Your Credit at MyITINCredit.com →

MyITINCredit.com is a service operated by Simply Approved Corporation (a DBA of that entity), which is the parent company of Simply Approved Mortgages LLC. Simply Approved Mortgages may receive subscription revenue if you choose to enroll. Credit monitoring through MyITINCredit.com is optional and is not required to apply for or obtain a mortgage with us. Promotional pricing, trial terms, and monitoring features are set by MyITINCredit.com and subject to change.

Why credit monitoring matters during a mortgage — A single new collection, missed payment, or unauthorized inquiry can change your qualifying score or trigger additional underwriting conditions. Typical minimum scores* — Conventional 620, FHA 580 (3.5% down) or 500 (10% down), VA no HUD minimum (most lenders 580–620), USDA typically 640, Jumbo 680–740, Doctor Mortgage 680–700+, Non-QM/DSCR varies by program, ITIN 620–680 alternative credit. Investor and lender overlays apply; individual results vary. Not a commitment to lend.

FAQs reviewed by Simply Approved Mortgages · November 2026

2026 Conforming Loan Limits: Frequently Asked Questions

Answers to the most common 2026 conforming loan limits questions, written by licensed loan officers.

The baseline one-unit conforming loan limit for 2026 is $832,750, as published by the Federal Housing Finance Agency. In designated high-cost areas, the one-unit ceiling is $1,249,125. The applicable figure depends on the property's county and number of units.
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Questions answered? Start your file

A Simply Approved Mortgages Loan Officer confirms eligibility, documents, and loan structure before anything is submitted to a lender. Educational only until you receive a Loan Estimate.

~2 minutes Clear next steps from a real loan officer

Not a loan application, rate lock, or commitment to lend. Binding figures appear on your Loan Estimate.

Ask Sam AI

Ask SAM anything about conforming-loan-limits

SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.

Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.

SAM is an AI assistant — not a licensed loan officer, attorney, CPA or financial adviser. Answers are educational only, are not a quote, lock, offer or commitment to lend, and material loan terms must be reviewed by a Simply Approved Mortgages Loan Officer. Never share SSN/ITIN, date of birth, account numbers or passwords in chat. Residential mortgage loans are arranged in Florida and Colorado. Start My Approval.

Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.

Sources & Citations

  1. FHFA — 2026 Conforming Loan Limit Values — Official baseline, high-cost, and county-level limits.
  2. FHFA — House Price Index — House-price data used in the annual baseline adjustment.
  3. Consumer Financial Protection Bureau — Explore loan choices — Consumer guidance for comparing mortgage options and costs.

Sources: government and agency publications listed above. Simply Approved Mortgages LLC is not affiliated with, endorsed by, or sponsored by HUD, FHA, VA, USDA, or any government agency. Program rules change; the published source text governs.

Trusted government resources

These independent government resources can help you research mortgage programs, rates, and your rights before you apply.

Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.

How this page connects

Where this fits in the conventional and agency lending library

This page covers Conforming loan limits and the counties that differ from the national baseline.

What most readers open next

Explore the full guide

Keep reading — the rest of the buying playbook

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Related mortgage guides across our library

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Calculators & references

Tools & data

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Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.

Purchase price and down payment help us size the conforming loan.

What's your goal?
Purchase price$450,000
$
Down payment (10.0%)$45,000
$

A range is enough here — no credit report is pulled and your credit is not affected.

Estimated monthly payment at these numbers
$3,431

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  1. 1Sign in to your Google account and search a mortgage topic such as "mortgage rates".
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Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.

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