FHFA made it official- new conforming loan limit for 1-unit properties is $647,200.

The new ceiling for High Cost is $970,800 (areas like Alaska, Hawaii, Guam & US Virgin Islands)

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FHA will calculate the low-cost mortgage limit at 65%t-  $420,680  while High-cost area mortgage limits are set at 150%- $631,020.
*usually announced in December & in effect for case numbers assigned on or after January 1st.

Click HERE for the interactive map to see conforming loan limit ranges by county.

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