Sabrina Lee
Elevations Credit Union

The Federal Housing Finance Agency (FHFA) raised the baseline conforming loan limit for 2019, and this will have an impact on borrowers for the year ahead. The “conforming loan limit” is the amount that a single-family mortgage origination balance must be below for Fannie Mae and Freddie Mac to purchase it, by law. Read on to find out how the limits affect you, the borrower, and what the limits are in Colorado counties we serve.

What does it mean for borrowers?

Higher conforming loan limits are an “added value” to the consumer. It allows you to purchase a higher-priced home but keep your loan amount in a conforming loan limit that provides greater flexibility with underwriting guidelines and programs.

What are the new limits in Colorado counties for one-unit properties?

In Boulder County, the high balance limit for conforming loans is $626,750.

In Adams, Arapahoe, Broomfield, Denver, Douglas and Jefferson Counties, the high balance limit for conforming loans is $561,200.

In other counties (including Larimer and Weld Counties), the new conforming loan limit is $484,350.

The increased conforming loan limits went into effect nationwide on January 1, 2019. Loans locked in December 2018 but closing in 2019 are eligible. For more on the new loan limits, including why the loan limit has increased, visit  

By Sabrina Lee, Elevations Credit Union. Sabrina is a Mortgage Loan Originator at Elevations Credit Union in Longmont. If you have questions regarding mortgages, please call 720.652.7115 or e-mail NMLS# 257330