The Federal Housing Finance Agency (FHFA) sets conforming loan limits for Fannie Mae and Freddie Mac, while HUD sets FHA loan limits:

Conforming loan limits The FHFA sets conforming loan limits based on home prices across the United States. For 2025, the baseline conforming loan limit for single-family homes is $806,500, which is a 5.2% increase from 2024. In high-cost areas, the limit is 150% of the baseline, or $1,209,750. For more details Visit FHFA Conforming Loan Limits and HUD FHA Mortgage Limits.

FHA loan limits:

HUD sets FHA loan limits based on county property values. For 2025, the FHA loan limit for one-unit properties is $524,225 in low-cost areas and $1,209,750 in high-cost areas. In special exception areas like Alaska, Hawaii, Guam, and the U.S. Virgin Islands, the ceiling for one-unit properties is $1,814,625. You can find your county's FHA loan limit on HUD's FHA mortgage limits page. 

To find a complete list of FHA loan limits, areas at the FHA ceiling, and areas between the floor and the ceiling, visit FHA's Loan Limits Page.

HECM Loan Limits:

The HECM maximum claim amount will increase from $1,149,825 in calendar year 2024 to $1,209,750 for FHA case numbers assigned on or after January 1, 2025. This maximum claim amount applies to all areas, including the special exception areas of Alaska, Hawaii, Guam, and the U.S. Virgin Islands. 

To find more details on FHA Mortgage Limits, visit FHA Mortgage Limits Page.

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