Open a calculator
Rates & Loans

Conforming Loan

A conventional mortgage within the FHFA loan limit, so Fannie Mae or Freddie Mac can buy it.

What does conforming loan mean?

Because the agencies can purchase conforming loans, lenders offer them at lower rates than jumbo loans. For 2026 the baseline limit is $832,750 for a one-unit home, rising to $1,249,125 in high-cost areas. A loan above the limit is a jumbo loan.

Put it to use
Mortgage Calculator Use this calculator to determine your monthly mortgage payment and amortization schedule. Mortgage Required Income Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income.
Related terms
Jumbo LoanConventional LoanFHA Loan
All glossary terms