Loan Limit Values for 2025
In line with the Federal Housing Finance Agency (FHFA) announcement, we’re increasing our maximum baseline conforming loan limit and high-cost area loan limit values.
FHFA's seasonally adjusted house price index data indicate that house prices increased 5.21%, on average, between the third quarter of 2023 and 2024. Therefore, the maximum baseline conforming loan limit values in 2025 will increase by the same percentage.
Loan Limit Values for Mortgages on Properties Not Located in High-Cost Areas
The following chart shows the 2025 maximum baseline conforming limit values for mortgages secured by properties that are not located in designated high-cost areas.
| Number of Units | Maximum baseline conforming loan limit values for properties NOT in Alaska, Hawaii, Guam or U.S. Virgin Islands | Maximum baseline conforming loan limit values for properties in Alaska, Hawaii, Guam or U.S. Virgin Islands | ||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| 1 | $806,500 | $766,550 | $1,209,750 | $1,149,825 |
| 2 | $1,032,650 | $981,500 | $1,548,975 | $1,472,250 |
| 3 | $1,248,150 | $1,186,350 | $1,872,225 | $1,779,525 |
| 4 | $1,551,250 | $1,474,400 | $2,326,875 | $2,211,600 |
Loan Limit Values for Mortgages on Properties in High-Cost Areas*
For properties located in designated high-cost areas*, we’ll purchase conforming mortgages with original loan amounts up to the following limits:
| Number of Units | Maximum baseline conforming loan limit values for properties NOT in Alaska, Hawaii, Guam or U.S. Virgin Islands | Maximum baseline conforming loan limit values for properties in Alaska, Hawaii, Guam or U.S. Virgin Islands** | ||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| 1 | $1,209,750 | $1,149,825 | Not Applicable | Not Applicable |
| 2 | $1,548,975 | $1,472,250 | Not Applicable | Not Applicable |
| 3 | $1,872,225 | $1,779,525 | Not Applicable | Not Applicable |
| 4 | $2,326,875 | $2,211,600 | Not Applicable | Not Applicable |
*Actual loan limit values for certain high-cost areas, as determined by FHFA, may be lower than the maximum high-cost area loan limits identified.
**Note: Consistent with the last several years, there are no counties or county equivalent areas in Alaska, Hawaii, Guam or the U.S. Virgin Islands with super conforming/high-cost loan limits higher than the already higher baseline conforming loan limit values in those areas.
When originating super conforming mortgages, you must check the loan limit values for the specific county where the property is located. The 2025 loan limit values for high-cost areas are available on the FHFA website.
Originating Mortgages and Taking Out Contracts Before January 1, 2025
- Loan Product Advisor®(LPASM) will be updated on December 8, 2024. However, mortgages with original loan amounts that exceed the 2024 loan limit values but not the higher 2025 limits are not eligible for sale to Freddie Mac until on or after January 1, 2025.
- Take advantage of our Loan Limits application programming interface (API). When using the Loan Limits API, submit a request that includes the subject property address, and you’ll receive a response that provides a scrubbed property address and the conforming loan limit values for the corresponding county. Visit the Freddie Mac Developer Portal to learn more about the Loan Limits API and our other APIs.
- Loan Selling Advisor® and our Selling APIs will be updated on December 8, 2024. If you take out a cash contract in December 2024 that has an expiration date on or after January 1, 2025, and are allocating a mortgage with an original loan amount that exceeds the 2024 loan limit values but is eligible under the 2025 loan limit values, you must enter a 2025 date in the “Requested Settlement Date” field.
The Single-Family Seller/Servicer Guide will be updated in December to reflect the 2025 loan limit values.