My Financial Healthcheck

FNMA has announced the Conforming and High Balance Limits for 2010.  There will be no change to the general loan limits or the high-cost area limits for loans originated in 2010. 

2010 Conforming Loan Limits (maximum original principal balance for first liens)

Units

Contiguous States,

District of Columbia, and

Puerto Rico

General

High-Cost Areas*

One

$417,000

$729,750

Two

$533,850

$934,200

Three

$645,300

$1,129,250

Four

$801,950

$1,403,400

*The high-cost area limits are the maximum loan amounts that may apply;

however, specific loan limits are established for each county (or equivalent)

and the loan limit may be lower for each specific high-cost area.

To determine the maximum loan amount refer to the following link:

https://entp.hud.gov/idapp/html/hicostlook.cfm

Under Limit Type select Fannie/Freddie

Under Limit Year select CY2010

Note:  This tool will be updated for 2010 by year end