Single Family Loan Limits

Loan Limits

For 2009, we are maintaining the base conforming loan limits at the 2008 levels. Through December 31, 2009, Freddie Mac will continue to purchase home mortgages up to the following loan amounts:

Property Type	Maximum Base Conforming Loan Limits for properties NOT located in Alaska, Hawaii, Guam & U.S. Virgin Islands	Maximum Base Conforming Loan Limits for properties located in Alaska, Hawaii, Guam & U.S. Virgin Islands
1-unit	$417,000	$625,500
2-unit	$533,850	$800,775
3-unit	$645,300	$967,950
4-unit	$801,950	$1,202,925

The conforming loan limits above are for mortgages that are not in designated high-cost areas as defined by the Federal Housing Finance Agency.

Higher Loan Limits for Certain High-cost Areas and Freddie Mac's Super Conforming Mortgages

The American Recovery and Reinvestment Act of 2009 temporarily increases our maximum loan limits in certain high-cost areas. Mortgages that Freddie Mac will purchase above the base conforming loan limits, as permitted by ARRA, are called super conforming mortgages.

Under ARRA, the loan limits in designated high-cost areas are the higher of the temporary limits established by the Economic Stimulus Act of 2008 (ESA) (maximum of $729,750 for 1-unit single-family properties) and the permanent limits established by the Housing and Economic Recovery Act of 2008 (HERA) (maximum of $625,500 for 1-unit single-family properties). The maximum loan limits for 2- to 4-unit properties and properties located in Alaska, Hawaii, Guam and the U.S. Virgin Islands are higher.

The following maximum original loan amounts apply to super conforming mortgages sold to Freddie Mac with note dates on or after October 1, 2008, and on or before December 31, 2009:

Units	Minimum/Maximum Original Loan Amount		Properties in Alaska, Hawaii, Guam and the U.S Virgin Islands
	Maximum Loan Amount		Maximum Loan Amount
	Permanent HERA	Temporary ARRA	Permanent HERA	Temporary ARRA
1	$625,500	$729,750	$938,250	$1,094,625
2	$800,775	$934,200	$1,201,150	$1,401,350
3	$967,950	$1,129,250	$1,451,925	$1693,900
4	$1,202,925	$1,403,400	$1,804,375	$2,105,100

*These are the maximum potential loan limits for designated high-cost areas. Actual loan limits are established for each county (or equivalent) and the loan limits for specific high-cost areas may be lower. The original principal balance of a Mortgage must not exceed the maximum loan limit for the specific area in which the mortgaged premises is located.

For more details on our requirements for these mortgages, visit our Super Conforming Mortgages Web page.