Up to $417,000: Conforming Loan Limit (the best interest rates and most “common-sense” underwriting).
$417,000-$729,750: High-Balance Conforming loans (this reverted back to a $729,750 loan limit, but it is temporary. It will go back to $625,500 at some point; I will keep you updated).
Above $729,750: Jumbo loans. If you’re looking for a loan above $729,750, the rules change drastically.
Each of these bracketed loan limits have different rules, guidelines and requirements. Interest rates and available loan products also vary depending on the different brackets.
