2024 Pennsylvania Conforming Loan Limits
Conventional conforming loans have loan amount limits that vary by county and are adjusted annually based on housing market changes. Conforming loans also have different limits based on the number of units in the home. For a 1 unit home (single family) the limit in Pennsylvania ranges from $766,550 - $1,149,825. Below are the 2024 conforming loan limits for 1- 4 unit properties in PA for each county.
| County | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| ALL COUNTIES IN PENNSYLVANIA EXCEPT PIKE COUNTY | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| PIKE COUNTY | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
View Conforming Loan Limits for Other States
| California Conforming Loan Limits | New Jersey Conforming Loan Limits |
| Connecticut Conforming Loan Limits | New York Conforming Loan Limits |
| Florida Conforming Loan Limits | Texas Conforming Loan Limits |
How to Get Pre-approved for a Conventional Loan in Pennsylvania
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.
Conventional Mortgage Rates in Pennsylvania
View our current Pennsylvania Conventional Mortgage Rates.
Conforming Loan Limits FAQs
Loan limits vary because they are based on the median home prices in specific areas. This approach ensures that the amounts reflect the local real estate market, making conventional loans accessible and reasonable for homebuyers in different regions.
Conforming loan limits can change annually based on movements in the housing market and home price indices.
If the home price exceeds the conforming loan limits for your county, you have a few options: consider a different home that falls within the loan limits, make a larger down payment to cover the difference, or look into different types of financing, such as a conventional jumbo loan.
See our Conventional Loan Requirements for more information on how to qualify for a conventional loan.
No, there are no income limits for obtaining a coventional loan. However, borrowers must meet debt-to-income (DTI) ratio guidelines and prove their ability to repay the loan. Typically, conventional loan guidelines require a DTI ratio of 50% or less.