---
title: "Conforming loan — What It Means | Ondo RE"
canonical: https://www.ondorealestate.com/glossary/conforming-loan/
---

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Mortgage & lending[All terms starting with C](/glossary/#letter-C)

# Conforming loan

Also called: conforming limit, agency loan

A conventional mortgage that fits the size and eligibility rules the major agencies will buy.

A conforming loan stays within the maximum loan amount published for its county and meets the agencies’ underwriting rules. Because those loans can be sold into a deep secondary market, they generally price better than loans that cannot.

The limit is set by county and is republished periodically, so a loan that is conforming in one county may be a jumbo one county over. Look up the current figure for the specific county rather than assuming a national number.

## Related terms

- [Jumbo loanA mortgage larger than the conforming limit for its county, underwritten to the lender’s own standards.](/glossary/jumbo-loan/)
- [Conventional loanA mortgage not insured or guaranteed by a government program such as FHA, VA, or USDA.](/glossary/conventional-loan/)
- [LTV (Loan-to-Value Ratio)The loan amount as a percentage of the property’s value, the main measure of how much equity cushions the loan.](/glossary/loan-to-value/)

## Go deeper

- [Looking up your county loan limit](/blog/jumbo-vs-conforming-fhfa-county-limit/)

## More in Mortgage & lending

- [Amortization](/glossary/amortization/)
- [APR (Annual Percentage Rate)](/glossary/apr/)
- [ARM (Adjustable-Rate Mortgage)](/glossary/arm/)
- [Cash-out refinance](/glossary/cash-out-refinance/)
- [Closing costs](/glossary/closing-costs/)
- [Conventional loan](/glossary/conventional-loan/)

## Have a question about your own situation?

Ondo handles brokerage, lending, property management and notary under one roof, so the answer does not change depending on who you ask.

[Talk to Ondo](/contact/)[Browse all terms](/glossary/)

Loan information is provided by Ondo Real Estate (NMLS ID on file). This is not a commitment to lend, a loan approval, or an offer of credit. Rates, terms, and payments shown are estimates for illustration only, are not a quote, and are subject to credit approval, underwriting, and market conditions. You are not required to use Ondo for financing to buy or sell with Ondo. Equal Housing Lender. Program rules, fees, and county loan limits change. Confirm the current published schedule and lender overlays. Nothing here is a quote, a lock, or a credit decision. [Licensing and disclosures](/licensing/)