2025 Conforming Loan Limits by State.

State Loan Limits

Select a state to see the loan limit information.

Data Source: FHFA Loan Limits

Loan Information FAQ

What is a loan?
A loan is money borrowed from a lender. It must be paid back with interest over time.
What types of loans are available?
Common loan types include:
  • Personal loans: For emergencies or expenses.
  • Home loans: For buying or refinancing homes.
  • Auto loans: For purchasing vehicles.
  • Student loans: For education costs.
  • Business loans: For starting or growing a business.
How do interest rates work?
Interest is the cost of borrowing. It can be:
  • Fixed: Same rate throughout the loan.
  • Variable: Changes with market rates.
What is a secured vs unsecured loan?
  • Secured: Requires collateral like a home or car.
  • Unsecured: No collateral, but higher interest rates.
What is a credit score?
A credit score shows your ability to repay debt. A higher score means better loan terms.
What is a loan term?
The loan term is the period you have to repay the loan. Common terms are 12, 24, 36, or 60 months.
What happens if I can't repay my loan?
If you miss payments, your credit score may drop. For secured loans, the lender may take your collateral.
What is loan refinancing?
Refinancing replaces your loan with a new one, often to get better terms like a lower interest rate.
How do I calculate loan repayments?
Use an online calculator or talk to a financial advisor. Repayments depend on the loan amount, interest rate, and term length.
What’s the difference between federal and private student loans?
Federal loans have fixed rates and flexible repayment options. Private loans may have variable rates and stricter terms.