2015 Loan Limits Announced
November 24, 2014
In line with today's Federal Housing Finance Agency (FHFA) announcement on the 2015 loan limits, we are maintaining our base conforming loan limits at the existing 2014 levels through December 31, 2015, and increasing the high-cost areas loan limits in certain counties.
Loan Limit Increase for 46 High-cost Areas
FHFA has identified 46 counties in designated high-cost areas where the high-cost area loan limits will increase. All other high-cost area loan limits will remain unchanged from the 2014 levels.
Please review FHFA's website for the 2015 loan limits permitted for individual counties in high cost areas. Super conforming mortgages that you intend to sell to Freddie Mac are subject to the loan limits set by FHFA for designated high-cost areas.
The 2015 loan limits are effective for mortgages with Freddie Mac funding or settlement dates on and after January 1, 2015, through December 31, 2015.
The Single-Family Seller/Servicer Guide (Guide) will be updated in an upcoming Guide Bulletin to reflect today's announcement.