New maximum loan sizes go into effect Jan. 1, 2009, for conforming mortgages. Conforming mortgages can be insured by the Federal Housing Administration, or FHA, and can be sold to Fannie Mae and Freddie Mac.
This map shows the new limits for single-family-home loans insured
by the FHA. Click on your state and find your county to see what
the limit for your county is.
Loans that exceed the FHA limit are considered jumbo loans, and
they are not eligible for sale to Fannie Mae or Freddie Mac. Bankrate
can help you find the best
rate for a jumbo loan.