--- title: "2021 Conforming Loan Limits: Effective immediately for new locks!" description: The FHFA has announced the new conforming loan limits for loans purchased by Fannie Mae® and Freddie Mac on or after January 1, 2021. --- [Skip to Content](https://news.plazahomemortgage.com/newsupdates/2021-loan-limits#main) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) [logo links to homepage](https://www.plazahomemortgage.com/) - [Wholesale](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Non-Delegated Correspondent](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [National Correspondent](https://www.plazahomemortgage.com/login/) - [Reverse](https://www.plazahomemortgage.com/login/) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) - [Guest Login](https://www.plazahomemortgage.com/login/) - [Broker Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Mini-Correspondent Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Correspondent Login](https://www.plazahomemortgage.com/login/) - [Reverse Login](https://www.plazahomemortgage.com/login/) ![PHM_Blog_Hero_820](https://news.plazahomemortgage.com/hubfs/PHM_Blog_Hero_820.jpg "PHM_Blog_Hero_820") # Plaza News + Updates # 2021 Conforming Loan Limits: Effective immediately for new locks! Posted by [Plaza Wholesale](https://news.plazahomemortgage.com/newsupdates/author/plaza-wholesale) on November 24, 2020 The [FHFA has announced](https://www.fhfa.gov//Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limits-for-2021.aspx?utm_campaign=Program%20Updates&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8tOUxn7vsqtE_oQPc3FnH_cOyJhPYyAcHqzX3tFz8Xn82fscgzx3wRAuV8YGpb6k2ySxaO) the new conforming loan limits for loans purchased by Fannie Mae® and Freddie Mac on or after January 1, 2021. The base limit will increase to $548,250 and the high balance ceiling will increase to $822,375. Plaza is accepting the new loan limits for new conventional conforming and high balance locks effective immediately and BREEZE will be updated with the new loan limits for on-line locks beginning Wednesday, November 25. Loans locked under the new limits may be closed/funded prior to January 1, 2021. Note that these new limits impact conventional loans only. Government program loan limit changes will be announced in the future. If you have questions, contact your Plaza Account Executive or email us at [hereforyou@plazahomemortgage.com](mailto:hereforyou@plazahomemortgage.com).  Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [Plaza in the News](https://news.plazahomemortgage.com/newsupdates/tag/plaza-in-the-news), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance) [![See All Posts](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/5238866/28816e45-adc9-4bb0-9239-7ef383b72234.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/5238866/28816e45-adc9-4bb0-9239-7ef383b72234) Not signed up with Plaza yet? Call us at 866.241.7283 or start your online application below. 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