The maximum mortgage loan size Fannie Mae and Freddie Mac can guarantee will remain the same in 2012 throughout the United States except for Fairfield County, Connecticut, where the limit will rise to $625,500 — the same maximum loan size available in other high-cost areas.

In areas where homes are more affordable, the conforming loan limits will stay the same in 2012 for home buyers and home owners who want to refinance:

  • $417,000 for mortgages on one-unit properties
  • $533,850 for mortgages on two-unit properties
  • $645,300 for mortgages on three-unit properties
  • $801,950 for mortgages on four-unit properties.

To check the loan limit in your area, visit the Federal Housing Finance Agency website.

Source: FHFA