The following minimum and maximum original loan amounts apply to super conforming Mortgages that have Freddie Mac Funding or Settlement Dates on or after January 1, 2018 and Freddie Mac Funding or Settlement Dates on or before December 31, 2018:
| Units | Minimum/Maximum Original Loan Amount | Properties in Alaska, Hawaii, Guam and the U.S. Virgin Islands | ||
| Minimum Loan Amount | Maximum Loan Amount | Minimum Loan Amount | Maximum Loan Amount | |
| Permanent (HERA)* | Permanent (HERA)* | |||
| 1 | >$453,100 | $679,650 | >$679,650 | $1,019,475 |
| 2 | >$580,150 | $870,225 | >$870,225 | $1,305,325 |
| 3 | >$701,250 | $1,051,875 | >$1,051,875 | $1,577,800 |
| 4 | >$871,450 | $1,307,175 | >$1,307,175 | $1,960,750 |
* These are the maximum potential loan limits for designated high-cost areas, as determined under the provisions of the Housing and Economic Recovery Act of 2008 (HERA). 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 specific loan limits for each high-cost area, as released by the Federal Housing Finance Agency, visit: http://www.fhfa.gov/DataTools/Downloads/Documents/Conforming-Loan-Limits/FullCountyLoanLimitList2017_HERA-BASED_FINAL.PDF.
For super conforming Mortgages, the Seller must use the loan amount of the Mortgage stated in the Note to determine compliance with the maximum loan limits stated above.
Related Guide Bulletins | Issue Date |
|---|---|
| Bulletin 2017-28 | December 14, 2017 |
| Bulletin 2016-23 | December 15, 2016 |
Additional Resource: https://www.allregs.com/tpl/Viewform.aspx?formid=00051759&formtype=agency#page=218