Idaho Conforming Loan Limits in 2021 – All Counties

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This article includes the 2021 conforming loan limits for all counties in the state of Idaho, along with information regarding why these limits are set. Mortgages that are higher than the maximum amounts displayed below are considered “jumbo” loans.

The 1-unit (single-family) conforming loan limit for the majority of counties in Idaho is set at $548,250 for 2021, an increase from the 2020 limit. Some higher-priced counties, including Blaine, Camas, Lincoln, Teton counties, have higher single-family conforming loan limits for 2021. Blaine, Camas, Lincoln Counties have loan limits of $625,500, while Teton County has a 2021 loan limit of $822,375.

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2021 Conforming Loan Limits for Idaho

The below table outlines s conforming loan limits for all counties across Idaho, for all property types. Please note that a 1-unit property refers to a single-family home, a 2-unit property applies to duplex properties, and so forth. If you are thinking of purchasing a single-family home or condo in Idaho, refer to the 1-unit column below.

County Name 1-Unit 2-Units 3-Units 4-Units
ADA $548,250 $702,000 $848,500 $1,054,500
ADAMS $548,250 $702,000 $848,500 $1,054,500
BANNOCK $548,250 $702,000 $848,500 $1,054,500
BEAR LAKE $548,250 $702,000 $848,500 $1,054,500
BENEWAH $548,250 $702,000 $848,500 $1,054,500
BINGHAM $548,250 $702,000 $848,500 $1,054,500
BLAINE $625,500 $800,775 $967,950 $1,202,925
BOISE $548,250 $702,000 $848,500 $1,054,500
BONNER $548,250 $702,000 $848,500 $1,054,500
BONNEVILLE $548,250 $702,000 $848,500 $1,054,500
BOUNDARY $548,250 $702,000 $848,500 $1,054,500
BUTTE $548,250 $702,000 $848,500 $1,054,500
CAMAS $625,500 $800,775 $967,950 $1,202,925
CANYON $548,250 $702,000 $848,500 $1,054,500
CARIBOU $548,250 $702,000 $848,500 $1,054,500
CASSIA $548,250 $702,000 $848,500 $1,054,500
CLARK $548,250 $702,000 $848,500 $1,054,500
CLEARWATER $548,250 $702,000 $848,500 $1,054,500
CUSTER $548,250 $702,000 $848,500 $1,054,500
ELMORE $548,250 $702,000 $848,500 $1,054,500
FRANKLIN $548,250 $702,000 $848,500 $1,054,500
FREMONT $548,250 $702,000 $848,500 $1,054,500
GEM $548,250 $702,000 $848,500 $1,054,500
GOODING $548,250 $702,000 $848,500 $1,054,500
IDAHO $548,250 $702,000 $848,500 $1,054,500
JEFFERSON $548,250 $702,000 $848,500 $1,054,500
JEROME $548,250 $702,000 $848,500 $1,054,500
KOOTENAI $548,250 $702,000 $848,500 $1,054,500
LATAH $548,250 $702,000 $848,500 $1,054,500
LEMHI $548,250 $702,000 $848,500 $1,054,500
LEWIS $548,250 $702,000 $848,500 $1,054,500
LINCOLN $625,500 $800,775 $967,950 $1,202,925
MADISON $548,250 $702,000 $848,500 $1,054,500
MINIDOKA $548,250 $702,000 $848,500 $1,054,500
NEZ PERCE $548,250 $702,000 $848,500 $1,054,500
ONEIDA $548,250 $702,000 $848,500 $1,054,500
OWYHEE $548,250 $702,000 $848,500 $1,054,500
PAYETTE $548,250 $702,000 $848,500 $1,054,500
POWER $548,250 $702,000 $848,500 $1,054,500
SHOSHONE $548,250 $702,000 $848,500 $1,054,500
TETON $822,375 $1,053,000 $1,272,750 $1,581,750
TWIN FALLS $548,250 $702,000 $848,500 $1,054,500
VALLEY $548,250 $702,000 $848,500 $1,054,500
WASHINGTON $548,250 $702,000 $848,500 $1,054,500

How Loan Limits Are Established

The Federal Housing Finance Agency (FHFA) determines loan limits in Idaho and other states across the US. The FHFA is required to keep tabs on average home prices in the nation and to adjust the baseline conforming loan limit every year as needed to reflect changes in home prices.

In other words, if home prices increase by a certain amount in a certain county, the FHFA may boost the loan limits to keep up with increasing home values. Conforming limits are typically set at 115% of the average home price for each area, though they can go over this level in certain high-cost locations.

The 2021 conforming limit for most counties in Idaho is $548,250. The four exceptions to this baseline amount are Blaine, Camas, Lincoln, Teton counties. (See the table above for county-by-county details.)

Over the recent past, the FHFA has used home values estimated by the Federal Housing Administration (FHA), which is a part of HUD, so there are many federal housing agencies that have a hand in establishing loan limits.

Check out our mortgage loan limit tool for conventional, FHA, and VA loans.

Live Idaho Mortgage Rates Oct, 24, Sun, 2021

Why Loan Limits Increased for 2021

Generally speaking, loan limits are increased to reflect an increase in home prices across the state and country. In order to accommodate higher home prices, conforming loan limits are increased. That said, loan limits aren’t automatically increased for every county. Some county loan limits may stay the same, while others may even be decreased.

According to FHFA’s recent news release:

“..As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2021 in all but 18 counties or county equivalents in the U.S”

As such, most Idaho and US counties are seeing higher conforming loan limits this year in comparison to 2020. Home prices across the nation increased by roughly 6.6% throughout 2020. In Idaho, home prices saw great appreciation in 2020 as well. This is why we are seeing higher conforming loan limits in Idaho for 2021.

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