The Federal Housing Finance Agency (FHFA) has issued the maximum loan limits that will apply to conventional loans to be acquired by Fannie Mae and Freddie Mac in 2018. The first mortgage loan limits are defined in terms of general loan limits and high-cost area loan limits. The limits are increasing in 2018.
The following chart contains the general loan limits for 2018:
The following chart contains the high-cost area loan limits for 2018:
The new limits are effective on or after January 1, 2018.