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Conventional Loan Programs

Conventional loans are secured by government sponsored entities or GSEs such as Fannie Mae and Freddie Mac. Conventional loans can be made to purchase or refinance homes with first and second mortgages on single family to four family homes.

2017 Conventional Fannie Mae and Freddie Mac Loan Limits

UnitsContiguous States, District of Columbia, and Puerto RicoAlaska, Guam, Hawaii, and the U.S. Virgin Islands
1$424,100$636,150
2$543,000$814,500
3$656,350$984,525
4$815,650$1,223,475
2017 Conventional Fannie Mae and Freddie Mac Loan Limits – All but 87 counties (or county equivalents) will see a loan limit increase.

UnitsContiguous States, District of Columbia+Alaska, Guam, Hawaii, and the U.S. Virgin Islands
1$636,150$954,225
2$814,500$1,221,750
3$984,525$1,476,775
4$1,223,475$1,835,200