Here they are… Conforming Loan Limits
For the 6th consecutive year the 1-unit conforming loan limit is $417,000, thank you again Congress and put into law by the White House.
- $417,000 : 1 unit
- $533,850 : 2 unit
- $645,300 : 3 unit
Anything greater than 4 units is considered a commercial property and cannot be originated by Fannie Mae or Freddie Mac
But, Great Boston is considered a “high cost” area and the loan limit is $523,750. Anything greater is considered a Jumbo loan (which are presently at all-time low mortgage rates!)
Inquire within for Mortgage financing