Maximum Loan Limits for Loans (a) Acquired in Calendar Year 2019 and (b) Originated after or Prior to Maximum Loan Limits for Loans (a) Acquired in Calendar Year 2020 and (b) Originated after or Prior to Loan Limits for Calendar Year 2021 - All Counties The 2021 loan limits have been set under the HERA formula. While some of the legislative initiatives established temporary limits for loans originated in select time periods, a permanent formula was established under the Housing and Economic Recovery Act of 2008 (HERA). Since 2008, various legislative acts increased the loan limits in certain high-cost areas in the United States. The national conforming loan limit for mortgages that finance single-family one-unit properties increased from $33,000 in the early 1970s to $417,0-2008, with limits 50 percent higher for four statutorily-designated high cost areas: Alaska, Hawaii, Guam, and the U.S. Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” Loans above this limit are known as jumbo loans.
