A limit on the size of a conventional mortgage that can be acquired or guaranteed by Fannie Mae and Freddie Mac. Loan limits are established each year by the Office of Federal Housing Enterprise Oversight. Loans that do not conform to the limits are classified as jumbo loans which operate outside the scope of Fannie Mae and Freddie Mac.
Related information about conforming loan limit:
- Federal Housing Finance Agency - Conforming Loan Limit
The national conforming loan limit for mortgages that finance single-family one- unit properties increased from $33,000 in the early 1970s to $417,000 for ...
- Loan Limits | Fannie Mae
FHFA Conforming Loan Limit Lists. © 2012 Fannie Mae. STAY CONNECTED · Careers . Contact Us . More Fannie Mae Sites . Legal . Privacy . Site Map .
- Conforming loan - Wikipedia, the free encyclopedia
The Office of Federal Housing Enterprise Oversight (OFHEO) set the criteria on what constitutes a conforming loan limit that Fannie Mae and Freddie Mac can ...
- Single Family Loan Limits - Freddie Mac
For 2012, we are maintaining the base conforming loan limits at the 2011 levels. Through December 31, 2012, Freddie Mac will continue to purchase home ...
- Conforming Loan Limit Definition | Investopedia
The limit on the size of a mortgage which Fannie Mae and Freddie Mac will purchase and/or guarantee. The conforming loan limit is set annually by Fannie ...
- Feds raise conforming loan limit in NYC | Crain's New York Business
Aug 28, 2011 ... The change will make it harder for average buyers looking to buy property in the city.
- 2012 / 2013 Conforming & Jumbo Loan Limits By U.S. County
Sep 30, 2012 ... If you get your local jumbo and conforming loan limit information ... Loan sizes beyond the conforming loan limit are often considered "jumbo".
- Los Angeles conforming loan limit decreasing
Jun 29, 2011 ... The Economic Stimulus package in 2008 increased the conforming loan limit to $729750 in Los Angeles. The new limit starting Oct. 2011 will ...