HOT OFF THE PRESSES: Conforming limits up 18%

Mortgage and Lending with HomeBridge Financial Services (NJ) NMLS 248937


Big News from FHFA, 11/30/21:

The Base conforming limit is now $647,200, up $98,950 from last year's $548,250

For High Cost areas (which is a big portion of NJ) we will have a limit of $970,800.

The above is for single family homes, 2-4 family homes have even higher limits.


Fun facts-

  • The 18.05% year over year increase in housing prices nationally has been so wide spread that this increase will be effective in all but 4 counties nationally.
  • When I started in the business the limit was $153,100
  • In 1980 and 1981 the CLL was less than this years increase
  • From 2006-2016 the CLL was stagnant at $417,000
  • In 1990 the CLL dropped $150.00 The first and only drop.


here is the chart for your viewing pleasure:


Call me for all your residential lending needs!


Robert Rauf 
Mortgage Loan Originator NMLS# 248937 
or my blog: 
Office: (732)908-4868  Cell (732)740-0175

Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit or for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, 

Comments (4)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Robert Rauf I have been a Loan Originator for over 17 years and this is the biggest increase in the Conforming Loan Limits that I can remember, and it is very welcomed.

Nov 30, 2021 01:53 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Robert - I like the "fun facts" you included in this post.  They certainly add perspective.  

Dec 01, 2021 06:06 AM
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

George Souto I am in my 35th yr and it IS the biggest ever, it is hard to believe how close we are to 7 figures for conforming and for FHA now in high cost areas.

Dec 01, 2021 01:47 PM
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

Michael Jacobs we all need a few fun facts to keep things interesting!

Dec 01, 2021 01:48 PM