Exciting news for homebuyers! Supreme Lending has released the increased 2025 conforming loan limits – and we’re offering these new limits now. You don’t have to wait until next year to take advantage of these higher loan amounts. The increased loan limits are in place to help make homeownership more accessible, especially as home prices continue to rise.
For single-unit properties, the new conforming loan limit is $800,000, which is up from $766,550. This means more flexibility and better loan options for homebuyers who may want to finance higher-priced homes with a conventional loan.
Here are Supreme Lending’s new 2025 conforming loan limits available now:
• 1-unit property: $800,000
• 2-unit property: $1,000,000
• 3-unit property: $1,200,000
• 4-unit property: $1,500,000
These limits are already in effect for new conventional loan applications.
What Exactly Are Conforming Loan Limits?
Conforming loan limits set the maximum loan amount for eligible borrowers applying for a conventional loan backed by government-sponsored enterprises (GSEs) – Fannie Mae and Freddie Mac. Staying within these limits may offer more favorable rates and terms compared to other types of mortgages.
What If Your Loan Exceeds the Limit?
If you need to borrow more than the conforming loan limits allow, you may consider a jumbo loan. These loans are designed for higher-priced homes that require loan amounts larger than a conventional mortgage can provide. Jumbo financing often comes with stricter credit score requirements or larger down payment. However, they’re a viable option for buyers in higher-cost markets or those looking for larger properties.
Why Buy Now?
With the new 2025 loan limits available today, this may be your opportunity to make a move, especially if you’ve been on the fence about buying a home. These increased limits are meant to keep up with rising home prices, giving you the chance to finance more while still enjoying potential benefits of a conventional loan. Whether you’re purchasing your first home or upgrading, Supreme Lending is here to help guide you through your home financing process.
Explore Your Loan Options Today!
Getting pre-qualified is an easy and important step in your homebuying journey. Contact us to get started and see how the new loan limits may help you achieve your homeownership goals.