We research, you save.

A History of Conforming (Fannie/Freddie) Loan Limits

 

A History of "Conforming" (FNMA/FHLMC) Loan Limits

Every year, new loan limits are announced for mortgage loans which may be purchased by the Federal National Mortgage Association (FNMA, or Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac). Fannie Mae and Freddie Mac are the two largest "secondary market" agencies -- corporations which purchase closed loans from mortgage lenders.

The last column refers to the loan amount column (abbreviated MAX AMT) which appears in HSH's consumer and professional reports on the mortgage market.

Click here for the current year and further explanation.

YearOne
Family ($)
Two
Family ($)
Three
Family ($)
Four
Family ($)
As Listed
In HSH Reports
2014 417,000 533,850 645,300 801,950 417
2013 417,000 533,850 645,300 801,950 417
2012 417,000 533,850 645,300 801,950 417
2011 417,000 533,850 645,300 801,950 417
2010 417,000 533,850 645,300 801,950 417
2009 417,000 533,850 645,300 801,950 417
2008 417,000 533,850 645,300 801,950 417
2007 417,000 533,850 645,300 801,950 417
2006 417,000 533,850 645,300 801,950 417
2005 359,650 460,400 556,500 691,600 359
2004 333,700 427,150 516,300 641,650 333
2003 322,700 413,100 499,300 620,500 322
2002 300,700 384,900 465,200 578,150 300
2001 275,000 351,950 425,400 528,700 275
2000 252,700 323,400 390,900 485,800 252
1999 240,000 307,100 371,200 461,350 240
1998 227,150 290,650 351,300 436,600 227
1997 214,600 274,550 331,850 412,450 214
1996 207,000 264,750 320,050 397,800 207
1995 203,150 259,850 314,100 390,400 203
1994 203,150 259,850 314,100 390,400 203
1993 203,150 259,850 314,100 390,400 203
1992 202,300 258,800 312,800 388,800 202
1991 191,250 244,650 295,650 367,500 191
1990 187,450 239,750 289,750 360,150 187
1989 187,600 239,950 290,000 360,450 187
1988 168,700 215,800 260,800 324,150 168
1987 153,100 153
1986 133,250 133
1985 115,300 115
1984 114,000 114
1983 108,300 108
1982 107,000 136,800 165,100 205,300 107
1981 98,500 126,000 152,000 189,000 98
1980 93,750 93

 

Note: Maximum loan amounts are 50% higher in Alaska and Hawaii.

Source: FHFA, FNMA, FHLMC

 

Recommended Reading

  • image default

    10 healthy questions for single-family renters

    Here are 10 health-related questions you should ask landlords when moving into a single-family rental.
  • image default

    2013 mid-year mortgage market update

    This is our mid-year update to the 10 issues bound to affect the markets in 2013
  • image default

    HSH.com's 2013 Outlook: 10 Thoughts for ‘13

    In no particular order of importance, here are 10 issues bound to affect the markets in 2013.
  • image default
  • image default

    How to Find Better Business Bureaus

    Better Business Bureaus (BBBs) are nonprofit organizations supported primarily by local business members. The focus of BBB activities is to promote an ethical marketplace by encouraging honest advertising and selling practices, and by providing alternative dispute resolution. BBBs offer a variety of consumer services. For example, they provide consumer education materials; answer consumer questions; provide information about a business, particularly whether or not there are unanswered or unsettled complaints or other marketplace problems; help resolve buyer/seller complaints against a business; including mediation and arbitration services; and provide information about charities and other organizations that are seeking public donations.

Find Lenders in Your Area

$