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Jumbo mortgages are loans that exceed the conventional mortgage limits set by Fannie Mae and Freddie Mac for financing of one to four family residences. The limits for 2023 are as follows;
Maximum Loan Amount for 2023
| Units | Contiguous States, District of Columbia, & Puerto Rico |
Alaska, Guam, Hawaii, and the U.S. Virgin Islands |
| 1 | $715,000 | $1,073,000 |
| 2 | $916,000 | $1,374,000 |
| 3 | $1,107,000 | $1,661,000 |
| 4 | $1,376,000 | $2,064,000 |
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