A History of "Conforming" (FNMA/FHLMC) Loan Limits
Everyyear, new loan limits are announced for mortgage loans which may bepurchased by the Federal National Mortgage Association (FNMA, or FannieMae) and the Federal Home Loan Mortgage Corporation (FHLMC, or FreddieMac). Fannie and Freddie are the two largest "secondary market"agencies -- corporations which purchase closed loans from mortgagelenders.
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.
| Year | One Family ($) | Two Family ($) | Three Family ($) | Four Family ($) | As Listed In HSH Reports |
|---|---|---|---|---|---|
| 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: FNMA, FHLMC
