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2010 Conforming Loan Limits

2010 Conforming Loan Limits are unchanged.   The  Federal Housing Finance Agency has set the maximum amount on conforming mortgages for single family homes and condominiums at $417,000.

Conforming loan limits for 2010:    

1 unit – $417,000/ 2 unit – $533,850/ 3 unit – $645,300 and 4 unit – $801,950

Loans originated in high cost areas can go up to a loan amount of $729,750 (depending on area of origination)

High-cost loan limits for 2010:

1 unit – $729,750/ 2 unit – $934,200/ 3 unit $1,129,250 and 4 unit $1,403,400

November 16, 2009 - Posted by Jim Hungerford | Mortgage Market Update | Finance, Mortgage Rates, Mortage industry, mortgage market, credit mortgage, home refinancing, interest rate, interest rates, investment property, loan, portland, mortgage application, Conforming loan limits, loan amounts, convetntional