Conventional Loans

Conventional loans are Fannie Mae and Freddie Mac mortgage loans offered by government sponsored lenders. These loan types include Fixed Rate Loans and Adjustable Rate Loans (ARMs) for 1-4 unit properties. The standard maximum loan amount for a conventional loan is $417,000 for a single family home unless you are in a high cost area. In high cost areas loan amounts may increase up to $625,000 for a single family.

Please see the link below for more information and  conforming loan limits in Massachusetts by county:

https://sites.google.com/site/massachusettsmortgagelimits/fannie-freddie-limits