New York Conventional Loan Limits in 2024
Explore the 2024 Conventional Loan Limits in New York, covering different property types and counties. Find out the maximum loan amounts for one-unit, two-unit, three-unit, and four-unit properties, helping understand financing options in New York for the year 2024.
| County name | One-Unit | Two-Unit | Three-Unit | Four-Unit |
|---|---|---|---|---|
| Albany County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Allegany County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Bronx County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Broome County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cattaraugus County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cayuga County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Chautauqua County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Chemung County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Chenango County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Clinton County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Columbia County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cortland County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Delaware County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Dutchess County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Erie County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Essex County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Franklin County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Fulton County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Genesee County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Greene County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Hamilton County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Herkimer County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Jefferson County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Kings County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Lewis County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Livingston County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Madison County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Monroe County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Montgomery County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Nassau County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| New York County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Niagara County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Oneida County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Onondaga County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Ontario County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Orange County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Orleans County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Oswego County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Otsego County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Putnam County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Queens County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Rensselaer County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Richmond County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Rockland County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| St. Lawrence County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Saratoga County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Schenectady County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Schoharie County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Schuyler County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Seneca County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Steuben County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Suffolk County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Sullivan County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Tioga County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Tompkins County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Ulster County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Warren County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Washington County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Wayne County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Westchester County | $1,149,825 | $1,472,250 | $1,779,525 | $2,211,600 |
| Wyoming County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Yates County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
Summary of New York Conventional Loan Limits in 2024
New York Conventional Loan Limits for 2024 have been established to determine the maximum loan amounts that lenders can offer while still conforming to guidelines set by Fannie Mae and Freddie Mac. These limits vary depending on the type of property and the number of units it contains.
Here are the minimum and maximum loan limits for each unit type:
- One-Unit Limit: $766,550 - $1,149,825
- Two-Unit Limit: $981,500 - $1,472,250
- Three-Unit Limit: $1,186,350 - $1,779,525
- Four-Unit Limit: $1,474,400 - $2,211,600
Notes:
- One-Unit is a single family home or condominium
- Two-Unit is two separate living units (duplex)
- Three-Unit three separate living units (triplex)
- Four-Unit four separate living units (fourplex)