Author bio section

I am the author of this blog and also a top-producing Loan Officer and CEO of InstaMortgage Inc, the fastest-growing mortgage company in America. All the advice is based on my experience of helping thousands of homebuyers and homeowners. We are a mortgage company and will help you with all your mortgage needs. Unlike lead generation websites, we do not sell your information to multiple lenders or third-party companies.


While all the other mortgage lenders are offering a base conforming limit of only $548,250 for 1-unit, InstaMortgage announced that they will allow conforming loans up to $625,000 for all the counties where the conforming loan limit is only $548,250.

How does this work?

If you are buying or refinancing a home in a county where the conforming loan limit is only $548,250, you can now qualify for up to a $625,000 loan amount following the same guidelines. The loans will still be backed by the same government agencies – Fannie Mae and Freddie Mac and InstaMortagge will follow exactly the same guidelines on credit score, down payment, reserves, etc. So, for example even in Dallas county in TX, you can buy a $650,000 home with only 5% down which you wouldn’t have been able to otherwise because with other lenders it will be considered a Jumbo loan and will require a much higher down payment.

Of course, if you are getting a mortgage in a county where the loan limit is already high (called High Balance or Super Conforming) then you can get the higher of the two. For example, in Santa Clara County in California (where I live), the loan limit is already $822,375.

Expanded Loan Limits:

Here are the base loan limits offered by InstaMortgage with immediate effect:

1 Unit – $625,000

2 Unit – $800,250

3 Unit – $967,250

4 Unit – $1,202,000