The conforming loan limit explained: where the line is and what crossing it means
When new limits are announced
The line, briefly
FHFA usually announces the next year's conforming loan limits late in the year, and they take effect at the start of the new year. Lenders may begin accepting applications at the new limits before then. Check the official announcement for the dates.
Last reviewed against the primary sources listed below.
Watch for
- FHFA's announcement.
- Lender start dates.
Questions about the line
When do conforming loan limits change?
Usually each January, after a late-year announcement.
Can I use next year's limit early?
Some lenders accept applications early.