Conventional Home Loan Limits – Increased For 2019

Mortgage and Lending with Strategic Mortgage NMLS#160440

conventional loan limits

             Conventional home loan limits are once again increasing for Fannie Mae and Freddie Mac backed conventional mortgages. The new loan limits are $484,350, up from the current limit of $453,100.


            This increase also carries over to VA home loans, meaning that the base VA loan limit is now also $484,350 to qualify for a home loan with a 0% down payment.


            What this means is that for someone looking to purchase a home with just a 5% down payment, they can now purchase a home up to $510,000, using a conventional loan.


            For someone looking to purchase a home with a 20% down payment, they can now purchase a home up to $605,000, using a conventional loan.


            This is the third year in a row that conventional loan limits have increased and continues to show the strengthening and stability of the housing market.


            The Conventional loan is still the most widely used home loan program in the entire U.S. mortgage market and provides stability and unique qualifying features that other home loan programs do not.


            This move will continue to allow for more home buyers to use a conventional or VA loan, for a new home purchase, without having to look into alternative programs, such as Jumbo or non-conforming financing.


            As always everyone’s individual situation is unique and it is always best to speak with a licensed lender, such as Strategic Mortgage and explore all available home loan options, for your specific situation.


For more information on  current home loan programs and options for existing and potential home owners, please contact Bill Kamboukos of Strategic Mortgage at (480) 219-3682 or by emailing: or online at 

Strategic Mortgage, LLC - NMLS#158804- Equal Housing Lender – AZBK#0909514 - Vasilios Bill Kamboukos Jr – NMLS#160440


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