New Conforming Loan Limits for 2019!

The Federal Housing Finance Agency has just released new loan limits for 2019. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. 

Because Hawaii is (unfortunately) a high-cost area, the conforming loan limit for a 1-unit property in Hawaii has increased to $726,525, an increase from $721,050 in 2018. In addition, this limit applies to ALL counties of Hawaii, not just Honolulu. In 2018, only Honolulu County had a loan limit of $721,050. Other islands, such as Kauai and the Big Island, had lower loan limits, but that has changed for 2019.

For multi-unit properties, the loan limits are:

2-Unit: $930,300

3-Unit: $1,124,475

4-Unit: $1,397,400