There’s exciting news for homebuyers and homeowners: conforming loan limits are going up again, and that means more opportunities are already opening in the market.

While the Federal Housing Finance Agency (FHFA) won’t officially announce the 2026 loan limits until November, the Sharpe Mortgage Team is getting a head start. The new one-unit conforming loan limit of $819,000 is already being honored.

So, what does this mean for you?:

If You're Buying a Home

• More buying power: Shop for homes at higher price points without needing a jumbo loan.
• Easier qualifying: Conforming loans typically come with more flexible guidelines than jumbo financing.
• Better affordability: Smaller down payment options and competitive interest rates help keep your monthly payments manageable.

If You Already Own a Home

• Refinance opportunities: If you currently have a jumbo loan, you may now qualify for a conforming loan with better terms.
• Access to equity: The higher loan limit could make it easier to use your home’s equity for renovations, debt consolidation, or other financial goals—all while staying in the conventional loan category.

Why This Matters

Raising conforming loan limits gives buyers more room to compete in today’s market and makes homeownership more accessible in higher price ranges. For current homeowners, it can open doors to more favorable refinancing options. And in some high-cost counties, local limits may climb even higher, great news for those shopping in more expensive areas.

Bottom Line

Whether you’re planning to buy your first home, move up to a new one, or explore refinancing, the increase in loan limits puts more options on the table.

We're here to help you understand what this change means for your unique situation and guide you toward the best financing solution.

Contact the Sharpe Mortgage Team today at (336) 575-9448 to see how the new limits could work for you!