Super Conforming Loans to $625,500

‘Conforming’ loans are those which Fannie Mae and Freddie Mac are authorized to purchase by federal regulation. They carry lower interest rates than ‘Non-Conforming’ or ‘Jumbo’ loans that exceed the conforming loan limits.

The Housing and Economic Recovery Act of 2008 provides for increased conforming loan limits in ‘high cost’ housing markets. These “Super Conforming” limits are set equal to 115 percent of local median house prices up to a maximum of $625,500 for one-unit homes in the continental U.S. Higher limits are permitted for 2-4 unit properties and properties located in Alaska and Hawaii.