2026 New York Conforming Loan Limits

Conforming loan limits are the maximum loan amounts that Fannie Mae and Freddie Mac are willing to purchase from lenders. Loans that fall within these limits are known as conforming loans and typically offer more favorable interest rates and terms compared to non-conforming or jumbo loans. Conforming loan limits are set by the Federal Housing Finance Agency (FHFA) and are adjusted annually to reflect changes in the housing market.

The FHFA determines conforming loan limits based on the House Price Index (HPI), which measures the average change in home prices across the country. The conforming loan limit is set at 115% of the median home price in a given area, subject to a floor and a ceiling. In New York, conforming loan limits are divided into two main categories:

• Standard Conforming Loan Limits. These limits apply to most counties in the state and represent the baseline for conforming mortgages.
• High Cost Area Conforming Loan Limits. These limits are higher than the standard limits and are applicable in counties with significantly higher median home prices, such as Bronx, Kings, Nassau, Putnam, Queens, Richmond, Rockland, Suffolk and Westchester counties.

For a 1 unit home (single family) the limits in New York range from a standard limit of $832,750 up to a high cost limit of $1,209,750. Conforming loans also has different loan limits based on the number of units in the home. Below are the 2026 conforming loan limits for 1- 4 unit properties in NY for each county.

County	1 Unit	2 Units	3 Units	4 Units
ALBANY, ALLEGANY, BROOME, CATTARAUGUS, CAYUGA, CHAUTAUQUA, CHEMUNG, CHENANGO, CLINTON, COLUMBIA, CORTLAND, DELAWARE, DUTCHESS, ERIE, ESSEX, FRANKLIN, FULTON, GENESEE, GREENE, HAMILTON, HERKIMER, JEFFERSON, LEWIS, LIVINGSTON, MADISON, MONROE, MONTGOMERY	$832,750	$1,066,250	$1,288,800	$1,601,750
NIAGARA, ONEIDA, ONONDAGA, ONTARIO, ORANGE, ORLEANS, OSWEGO, OTSEGO, RENSSELAER, SARATOGA, SCHENECTADY, SCHOHARIE, SCHUYLER, SENECA, ST LAWRENCE, STEUBEN, SULLIVAN, TIOGA, TOMPKINS, ULSTER, WARREN, WASHINGTON, WAYNE, WYOMING, YATES	$832,750	$1,066,250	$1,288,800	$1,601,750
BRONX, KINGS, NEW YORK (MANHATTAN), NASSAU, PUTNAM, QUEENS, RICHMOND, ROCKLAND, SUFFOLK, WESTCHESTER	$1,209,750	$1,548,975	$1,872,225	$2,326,875

Look up 2026 loan limits for any US county

Use our calculator below to see exact 2026 conforming and FHA loan limits for any United States county.

2026 conforming loan limits in New York high cost counties

Ten New York counties qualify for the FHFA's high cost area designation in 2026. These include the five New York City boroughs (Bronx, Kings/Brooklyn, New York/Manhattan, Queens, Richmond/Staten Island) along with the surrounding suburban counties of Nassau, Suffolk, Westchester, Rockland, and Putnam. Median home prices in these counties exceed the threshold that triggers the elevated conforming limit. The 2026 high cost conforming limit is held at $1,209,750 for one unit properties under FHFA's hold harmless provision (the limit did not rise from 2025 because home price appreciation in these counties did not exceed the level required to push them up to the new statutory ceiling of $1,249,125, which now applies to FHA loans in these same counties).

New York County (Manhattan) loan limits

Manhattan carries the highest residential real estate prices in the United States, with median condominium and cooperative prices well above the conforming loan limit even at the high cost ceiling. The 2026 conforming loan limit for a one unit Manhattan property is $1,209,750, with multi-unit limits increasing to $2,326,875 for a four unit property. Most Manhattan transactions exceed the conforming limit and are financed through jumbo loans. Notably, Manhattan's FHA limit in 2026 is higher than its conforming limit, $1,249,125 versus $1,209,750.

Kings County (Brooklyn) loan limits

Brooklyn has experienced sustained price appreciation over the past decade, particularly in neighborhoods like Williamsburg, Park Slope, Brooklyn Heights, DUMBO, and Cobble Hill. The 2026 Brooklyn conforming loan limit is $1,209,750 for a one unit property and scales up to $2,326,875 for a four-unit. Multi-family brownstone and townhouse transactions are common in Brooklyn, making the elevated 2-4 unit limits particularly relevant. As with all NY high cost counties, Brooklyn's FHA limit ($1,249,125 for 1 unit) exceeds its conforming limit by $39,375 in 2026.

Queens County loan limits

Queens covers a wide range of neighborhood pricing from Long Island City and Astoria in the west to Forest Hills, Bayside, and the Rockaways. The 2026 Queens conforming loan limit is $1,209,750 for a one unit property, $1,548,975 for 2 unit, $1,872,225 for 3 unit, and $2,326,875 for 4 unit properties. Queens has substantial 2-4 unit residential housing stock that fit in the multi-unit conforming tiers.

Nassau and Suffolk County loan limits

Long Island's two counties carry the high cost designation due to consistently elevated home prices across both north shore and south shore communities. The 2026 conforming loan limit for one unit properties is $1,209,750 in both Nassau and Suffolk, with the same multi-unit increases. Communities like Garden City, Manhasset, Great Neck, and Roslyn in Nassau, and Huntington, Smithtown and the East End in Suffolk, regularly end up above the conforming limit and use jumbo financing.

Westchester County loan limits

Westchester is among the highest priced suburban markets in the country with affluent communities along the Hudson River and into the inland communities of Scarsdale, Rye, Bronxville, Larchmont and Chappaqua. The 2026 Westchester conforming loan limit is $1,209,750 for one unit properties.

2026 conforming loan limits in New York baseline counties

Fifty two New York counties carry the standard baseline conforming loan limit in 2026. These counties span upstate, central, and western New York including the major metropolitan areas of Albany, Buffalo, Rochester, and Syracuse. Median home prices fall below FHFA's high cost area threshold, but like every U.S. county, these counties benefit from the 2026 increase from $806,500 to $832,750 for one unit properties. Multi-unit limits are similarly higher: 2 unit at $1,066,250; 3 unit at $1,288,800; 4 unit at $1,601,750.

Baseline NY counties include Albany (state capital region), Erie (Buffalo), Monroe (Rochester), Onondaga (Syracuse), Dutchess and Orange (Hudson Valley), Saratoga (north of Albany), and Tompkins (Ithaca). Even in baseline counties, the FHA loan limit in 2026 remains at the floor of $541,287 for one unit properties, well below the $832,750 conforming limit, which makes conforming loans the more flexible option for most New York homebuyers in baseline counties.

When does a New York mortgage become a jumbo loan?

A New York mortgage becomes a jumbo loan the moment it exceeds the conforming loan limit for the county where the property is located. In 2026, that means:

• In high cost New York counties (Bronx, Kings/Brooklyn, Nassau, New York/Manhattan, Putnam, Queens, Richmond/Staten Island, Rockland, Suffolk, Westchester): any one unit mortgage above $1,209,750 is jumbo.
• In baseline New York counties (all 52 other counties including Albany, Erie, Monroe, Onondaga, Dutchess, Orange, Saratoga): any one unit mortgage above $832,750 is jumbo.

Jumbo loan rates in New York

Jumbo mortgage rates in New York can be higher than conforming rates and sometimes price better than conforming for borrowers with strong credit, larger down payments and substantial reserves. For current pricing, see our New York mortgage rates page.

Should you look at jumbo or conforming?

If your mortgage amount is just above the conforming limit for your New York county, several strategies may help bring you back within conforming territory:

• Increase your down payment. An additional $20,000-$50,000 down can be the difference between a jumbo and conforming loan, and conforming pricing may save you more than the opportunity cost of the additional cash.
• Consider a piggyback (80/10/10) structure. A first mortgage at the conforming limit plus a second mortgage or HELOC for the gap can preserve conforming pricing on the larger loan.

If your mortgage is well above the conforming limit jumbo financing is the typical solution. Alpine Mortgage works with multiple wholesale jumbo investors and can show you both options to determine which structure is best for your specific scenario.

Because jumbo loans aren't purchased by Fannie Mae or Freddie Mac, lenders either keep them on their balance sheet or sell them to private investors. Jumbo guidelines therefore tend to be stricter than conforming guidelines but the differences are smaller than many borrowers expect.

2025 vs. 2026 New York conforming loan limit changes

Limit Type	2025 (1-Unit)	2026 (1-Unit)	Change
Baseline counties	$806,500	$832,750	+$26,250 (+3.3%)
High cost counties	$1,209,750	$1,209,750	$0 (no change)

The 2026 baseline conforming limit increased $26,250 (about 3.3%) from $806,500 to $832,750, a smaller increase than recent years, reflecting moderating home price appreciation nationally. The high cost conforming limit, however, did not change in 2026 for New York high cost counties. Under FHFA's hold harmless rule, when local home price growth doesn't push a county's calculated limit above the prior year value, the limit stays put rather than declining. New York high cost counties and 26 other high cost counties nationally, primarily in the New York metro area, Colorado, and Pennsylvania, therefore held at $1,209,750 for 2026.

Conforming versus FHA loan limits in New York

Conforming and FHA loan limits sound similar but apply to different loan programs and are set by different agencies. The right limit depends on which loan program you're using:

• Conforming limits apply to conventional mortgages backed by Fannie Mae and Freddie Mac. These are the limits described on this page.
• FHA limits apply to mortgages insured by the Federal Housing Administration, which are typically used by borrowers with smaller down payments, lower credit scores, or other underwriting flexibility needs.

If you're researching FHA limits specifically, see our dedicated 2026 New York FHA Loan Limits page, which covers FHA floor counties, intermediate tier counties and the FHA ceiling counties.

For a side-by-side comparison of both limits in any New York county, our 2026 Conventional & FHA Loan Limits Calculator displays both at once.

How to get pre-approved for a New York conventional loan

Getting pre-approved for a conventional mortgage is quick and easy with our online Loan Application. After completing the application, you will receive instructions on how to upload your documents. For a list of documents you will need to upload, see our Pre-approval Document Checklist.

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