Back

FHFA Announces Higher Loan Limits for 2023

Wednesday, November 30, 2022

As the result of a higher average U.S. home price in 2022, the Federal Housing Finance Agency (FHFA) has announced new, higher maximum conforming loan limits for 2023.

In most areas of the country, the 2023 maximum loan amount for one-unit properties will be $726,200, an increase from $647,200 in 2022. The new FHA loan limit has increased to $472,030 from $420,690 in 2022. In high-cost areas, the new maximum high balance loan limit is $1,089,300. And the VA loan limit remains at $1,500,000.

Loan limits may vary by county. Click here for a list and map of maximum loan limits for all counties and county-equivalent areas in the U.S.




Contact your mortgage consultant directly if you have questions on local limits or other home financing options.

See all articles

Other news

Market Update - March 1, 2024
View full article
Financing a Greener Future: Home Equity Solutions for Eco-Upgrades
View full article
Navigating Home Equity Options for Renovation Projects: Beyond the Basics
View full article
Market Update - January 26, 2024
View full article
Seize the Moment: Why Now May Be the Perfect Time to Buy Your Dream Home
View full article
Why Real Estate Still Reigns Supreme as the Best Long-Term Investment
View full article
How Our Homebuyers Are Beating Rising Interest Rates: Discover Benefits of a Buydown
View full article
Capitalize on Multi-Unit Living: Your Home, Your Investment, With as Little as 5% Down
View full article
Unlocking the Potential: 4 Ways to Use Your Home Equity
View full article
National Mortgage Professional Month: Celebrating Our Teams!
View full article
Navigating the Modern Mortgage Landscape: A Closer Look at Debt Service Coverage Ratio (DSCR) Loans
View full article
Edina Realty Mortgage Earns Top Spot for Customer Satisfaction in 2022 Mortgage Industry Rankings
View full article
FHFA Loan Level Price Adjuster Clarification
View full article
Market Update - 4.13.2023
View full article
Market Update
View full article
Buyer's Bridge Loans: What They Are and How They Work
Buy now and sell later with our Buyer's Bridge loan. Don't let a dream home slip away while waiting on a pending sale!
View full article
Rate Rollback Guarantee
Obtain lower initial mortgage payments and long-term security
View full article
Expert Update - 12.02.22
View full article
FHFA Announces Higher Loan Limits for 2023
View full article
November Journal 2022
View full article
Edina Realty Mortgage Reaches $5.7 Billion in VA Loan Fundings
View full article
Government Home Loan Programs
View full article
The VA Home Loan Advantage
View full article
FHA Home Loans
View full article
USDA Guaranteed Rural Housing Program
View full article
Donating Meals for Healthcare Professionals
View full article
Introducing RAPID CLOSE
View full article
Introducing Home Advantage, a Nationwide Zero Down FHA Mortgage
View full article
Juneteenth 2021
View full article
Prosperity Home Mortgage Named One of 50 Best Companies to Work For
View full article
XLR8: The Future of Mortgage
View full article
Prosperity Home Mortgage Company Ranks 20th in Top 100 Mortgage Companies in America
View full article
COO, Justin Messer Named Among 40 Under 40 Influential Mortgage Professionals
View full article
Meet Jelaire Grillo, The Journey Wiz
View full article
Chairman and President’s Club Winners Announced for 2021
View full article
Lock, Shop & Home!
View full article
Prosperity Home Mortgage Consultants Recognized as Top 1% for Customer Satisfaction by Experience.com
View full article
Freddie Mac BorrowSmart Program
View full article