FHFA Sets 2026 Caps, Florida Sees Benefits
The 2026 conforming loan limit rises to $832,750. Florida Realtors chief economist says the move broadens conventional financing opportunities for Florida buyers.
WASHINGTON – The Federal Housing Finance Agency (FHFA) adjusted the conforming loam limits to $832,750 for single-family homes, a move that will help more buyers become eligible for financing in 2026.
The $26,250 increase, a 3.26% bump, reflects higher home prices nationwide based on the FHFA House Price Index. Limits rise even more in designated high-cost areas, where one-unit homes can qualify for up to $1,249,125 — 50% above the new baseline. In Florida, only Monroe County qualifies, with a cap of $990,150. The limit change begins Jan. 1, 2026.
“This year's loan limit adjustment was of a fairly typical magnitude, but it still exceeded the rise in most Florida home values in 2025. On whole, that's a good thing for homebuyers in Florida, because it means more homes will be eligible for an expanded array of financing options than before,” Florida Realtors® Chief Economist Dr. Brad O’Connor said.
O’Connor added, “While the resulting boost to demand won't be all that drastic by itself, buyers are also benefitting as of late from falling interest rates and rising income levels. All of these factors are adding up to restore buyer demand in Florida.”
The FHFA said the increase is reflective of the national housing price increase of 3.26%, on average, between the third quarters of 2024 and 2025.
The higher thresholds also apply to multi-unit properties: for example, two-unit homes now qualify for up to $1,066,250 under the baseline cap, with higher ceilings for expensive metro areas. Monroe County qualifies for $1,267,700 for two-unit homes.
For buyers, the updated limits could influence how many homes stay eligible as conventional loans instead of triggering “jumbo” classification, which often carries higher rates or stricter underwriting.
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