Every year, the loan limits that decide whether a mortgage counts as “conforming” or “jumbo” get reset based on national home price data, and for 2026 those limits moved up again. If you’re buying in Miami-Dade, Broward, or Palm Beach County this year, it’s worth knowing exactly where those lines sit, because they can affect your rate, your documentation requirements, and even how a seller prices a listing.
The 2026 Conforming Loan Limit
The baseline conforming loan limit for a one-unit home in 2026 is $832,750, up $26,250 from last year. This is the largest loan amount Fannie Mae and Freddie Mac will purchase in most of the country, and it applies in 66 of Florida’s 67 counties — including Miami-Dade, Broward, and Palm Beach. The one Florida exception is Monroe County (the Florida Keys), which carries a higher limit of $990,150 due to its higher-cost designation.
FHA Loan Limits for Miami-Dade and Broward
FHA limits moved up too. The national floor for 2026 is $541,287 for a one-unit home, but Miami-Dade and Broward Counties sit above that floor at $667,000 for a single unit. For multi-unit properties, the 2026 FHA limits in these two counties are $853,900 (two units), $1,032,150 (three units), and $1,282,700 (four units).
Why the Loan Amount Matters, Not Just the Purchase Price
These limits apply to the loan amount, not the purchase price, which means the size of your down payment can determine which side of the line your financing lands on. A $1,000,000 home with 20% down results in an $800,000 loan — conforming. The same home with 10% down results in a $900,000 loan — jumbo. A larger down payment, a seller credit applied toward principal, or a lender-arranged second loan can sometimes keep a purchase on the conforming side.
Jumbo loans aren’t necessarily more expensive, but they typically come with more process: deeper cash reserve requirements, fuller income documentation, and sometimes a second appraisal, all of which can lengthen underwriting timelines.
What This Means If You’re Buying or Selling
If you’re buying, it’s worth talking to a lender early in your search so you know whether your likely loan amount will land conforming or jumbo — that can shape which homes and price points make sense to target. If you’re selling, keep in mind that a home priced just above a local threshold may draw a different pool of buyers, and financing contingencies, than one priced just below it.
Whether you’re weighing a purchase near these thresholds or just want a clearer read on how financing affects your search in Miami-Dade, Broward, or Palm Beach, Ne Plus Ultra Real Estate is happy to help you think it through. Reach out to our team anytime.
This article is for general information only and isn’t financial, legal, or lending advice. Loan limits, interest rates, and underwriting guidelines change and vary by lender — confirm current figures with a licensed Florida mortgage lender before making financing decisions.