mortgage

Find jumbo and FHA loan limits by state

Use this page to look up the conforming and FHA loan limits in every county. Any mortgage for more than the county's loan limit is a jumbo loan.

Jumbo loan

A mortgage for more than the conforming limit set by Fannie Mae and Freddie Mac. In most counties, any mortgage of more than $417,000 is a jumbo loan. In counties with high home prices, the conforming limit is higher -- up to $625,500.

For years, the interest rates on jumbo loans were consistently higher than the rates on conforming and FHA mortgages. But that changed during the recovery from the mortgage and real-estate meltdown of 2007 and 2008. Since then, interest rates on jumbo loans have often (but not always) been lower than rates on comparable conforming loans. One main reason: Lending standards for jumbo loans tend to be more strict, with bigger down payments required.

Try shopping today for the best mortgage deal on Bankrate.com.

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