For 2013, we are maintaining the base conforming loan limits at the 2012 levels. Through December 31, 2013, Freddie Mac will continue to purchase home mortgages up to the following loan amounts:
|
Property Type
|
Maximum Base Conforming Loan Limits for properties NOT located in Alaska, Hawaii, Guam & U.S. Virgin Islands
|
Maximum Base Conforming Loan Limits for properties located in Alaska, Hawaii, Guam & U.S. Virgin Islands
|
|---|---|---|
|
1-unit
|
$417,000 | $625,500 |
|
2-unit
|
$533,850 | $800,775 |
|
3-unit
|
$645,300 | $967,950 |
|
4-unit
|
$801,950 | $1,202,925 |
Loan Limits for High-cost Areas and Freddie Mac's Super Conforming Mortgages
These minimum and maximum original loan amounts apply to super conforming mortgages that have Freddie Mac funding or settlement dates on or after January 1, 2013 through December 31, 2013:
| Units |
Minimum/Maximum Original Loan Amount
|
Properties in Alaska, Hawaii, Guam and the U.S Virgin Islands
|
||
|---|---|---|---|---|
|
Minimum Loan Amount
|
Maximum Loan Amount1
|
Minimum Loan Amount
|
Maximum Loan Amount1
|
|
|
1
|
>$417,000
|
$625,500
|
>$625,500
|
$938,250
|
|
2
|
>$533,850
|
$800,775
|
>$800,775
|
$1,201,150
|
|
3
|
>$645,300
|
$967,950
|
>$967,950
|
$1,451,925
|
|
4
|
>$801,950
|
$1,202,925
|
>$1,202,925
|
$1,804,375
|
|
1 These are the maximum potential loan limits for designated high-cost areas. Actual loan limits are established for each county (or equivalent) and the loan limits for specific high-cost areas may be lower. The original principal balance of a mortgage must not exceed the maximum loan limit for the specific area in which the mortgaged premises is located. For specific loan limits for each high-cost area, visit the Federal Housing Finance Agency conforming loan limits page . |
For more details on our requirements for these mortgages, visit our Super Conforming Mortgages Web page.