Conforming Loan Limit

Business, Legal & Accounting Glossary

Definition: Conforming Loan Limit


Conforming Loan Limit


Full Definition of Conforming Loan Limit


A limit on the size of a conventional mortgage that can be acquired or guaranteed by Fannie Mae and Freddie Mac. Loan limits are established each year by the Office of Federal Housing Enterprise Oversight. Loans that do not conform to the limits are classified as jumbo loans which operate outside the scope of Fannie Mae and Freddie Mac.


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March 29, 2024 https://payrollheaven.com/define/conforming-loan-limit/.
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https://payrollheaven.com/define/conforming-loan-limit/ (accessed: March 29, 2024).
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Conforming Loan Limit. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/conforming-loan-limit/

Definition Sources


Definitions for Conforming Loan Limit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.