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REAL ESTATE
Jumbo Loan Cutoff Jumps 5.2% From 2024 to 2025
Here’s what you need to know
The Federal Housing Finance Agency just announced another bump in conforming loan limits, industry jargon for the cutoff between a standard loan and a jumbo mortgage.
For much of the U.S., the divide between conforming loans and jumbo mortgages is $806,500 in 2025. That’s a 5.2 percent increase from the 2024 limit of $766,500.
In pricey housing markets — including much of California, all of New York City, the District of Columbia and the entire states of Alaska and Hawaii — the limit is $1,209,750, up from $1,149,825 in 2024.
Some markets fall in between. In Colorado’s Boulder County, the 2025 limit for conforming loans is $862,500. In Florida’s Monroe County, home to the Keys, the limit is $967,150. In the Nashville, Tennessee, market, it’s $989,000.
What do conforming loan limits mean?
If a mortgage falls within the “conforming” loan amount and meets other criteria, it’s eligible for purchase by Fannie Mae and Freddie Mac, the companies that buy most of the home loans in the U.S. and sell them to investors on the secondary market. Mortgages in amounts above the conforming limit are considered , and can’t be…
