Mortgage Loan Limits Increase For 2017

Loan Limits in Texas Increase

We all know that real estate values in the great state of Texas have been on the rise and Fannie Mae, Freddie Mac, and FHA have all responded by increasing their maximum loan limits for 2017.

Fannie and Freddie Loan Limits Increase in Texas


For the first time since 2006 Fannie Mae and Freddie Mac will be increasing their maximum loan amounts for conforming loans.  This means the long-standing $417,000 loan amount will now increase to $424,100 starting in 2017.  This $7,100 increase will allow home buyers and refinancers to finance a pinch more before jumbo financing comes into play.

The new maximum conforming loan amount in Texas is $424,100 starting in 2017.

Check out this neat-o map showing the maximum loan amount in every American county.  Who would have thought that Logan County, Nebraska would have higher loan limits than all of Texas?  Seriously?

FHA Loan Limit Increase in Dallas-Fort Worth Area for 2017

FHA will increase its national loan limit “floor” to $275,665 in 2017 from $271,050. This limit is set at 65% of the national conforming loan limit, which the Federal Housing Finance Agency said last week would expand to $424,100.

DFW FHA loan amounts will increase from $334,650 to $362,250 in 2017.

Here’s list of the FHA Loan Limits by County for the whole country… you know, just in case you want to do a loan in Missoula County, Montana.  FHA said that maximum loan limits increased in 2,948 counties and remained the same in 286 counties. The loan limits did not decrease in any part of the country. Black Knight Financial Services (whoever they are) determined that a $10,000 increase to the conforming loan limit could lead to 40,000 additional originations with $20 billion in loan balances.