Oregon Conforming Loan Limits for 2023, All Counties

This page shows the 2023 conforming loan limits for Oregon. These limits apply to conventional mortgage loans, meaning those that are not insured or guaranteed by the government. We have a separate page for FHA loan limits in Oregon.

Federal housing officials announced at the end of 2022 that they would increase Oregon conforming loan limits for 2023, in response to rising home values across the state. The table below has been fully updated and shows the revised/increased limits for 2023.

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Conforming Loan Limits for Oregon 2023

The table below shows conforming loan limits for the state of Oregon. These limits apply to conventional mortgage loans in all counties of the state, including Multnomah County and the entire Portland metro area.

COUNTY1 Unit2 Units3 Units4 Units
BAKER$726,200$929,850$1,123,900$1,396,800
BENTON$726,200$929,850$1,123,900$1,396,800
CLACKAMAS$726,200$929,850$1,123,900$1,396,800
CLATSOP$726,200$929,850$1,123,900$1,396,800
COLUMBIA$726,200$929,850$1,123,900$1,396,800
COOS$726,200$929,850$1,123,900$1,396,800
CROOK$726,200$929,850$1,123,900$1,396,800
CURRY$726,200$929,850$1,123,900$1,396,800
DESCHUTES$726,200$929,850$1,123,900$1,396,800
DOUGLAS$726,200$929,850$1,123,900$1,396,800
GILLIAM$726,200$929,850$1,123,900$1,396,800
GRANT$726,200$929,850$1,123,900$1,396,800
HARNEY$726,200$929,850$1,123,900$1,396,800
JACKSON$726,200$929,850$1,123,900$1,396,800
JEFFERSON$726,200$929,850$1,123,900$1,396,800
JOSEPHINE$726,200$929,850$1,123,900$1,396,800
KLAMATH$726,200$929,850$1,123,900$1,396,800
LAKE$726,200$929,850$1,123,900$1,396,800
LANE$726,200$929,850$1,123,900$1,396,800
LINCOLN$726,200$929,850$1,123,900$1,396,800
LINN$726,200$929,850$1,123,900$1,396,800
MALHEUR$726,200$929,850$1,123,900$1,396,800
MARION$726,200$929,850$1,123,900$1,396,800
MORROW$726,200$929,850$1,123,900$1,396,800
MULTNOMAH$726,200$929,850$1,123,900$1,396,800
POLK$726,200$929,850$1,123,900$1,396,800
SHERMAN$726,200$929,850$1,123,900$1,396,800
TILLAMOOK$726,200$929,850$1,123,900$1,396,800
UMATILLA$726,200$929,850$1,123,900$1,396,800
UNION$726,200$929,850$1,123,900$1,396,800
WALLOWA$726,200$929,850$1,123,900$1,396,800
WASCO$726,200$929,850$1,123,900$1,396,800
WASHINGTON$726,200$929,850$1,123,900$1,396,800
HOOD RIVER$726,200$929,850$1,123,900$1,396,800
WHEELER$726,200$929,850$1,123,900$1,396,800
YAMHILL$726,200$929,850$1,123,900$1,396,800

In this table, a “one-unit” property is a single-family home with one resident. “Two-unit” refers to a duplex-style property with two separate residents, and so on. Oregon home buyers who are purchasing a single-family home or condo should refer to the first column.

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

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How These Limits Are Set

Conforming loan limits are established by the Federal Housing Finance Agency (FHFA) and are based on median home prices. These limits vary by county. In some states, different counties have different limits, to reflect differences in home values. In Oregon, however, all counties have the same conforming loan limit for 2023: $726,200 for a single-family home.

The Housing and Economic Recovery Act of 2008 (HERA) requires the FHFA to monitor home prices across the United States, and to adjust the baseline loan limit as needed to reflect changes in national home values. This can also be done at the county level. So, when home prices in a particular county rise significantly from one year to the next, FHFA officials may increase that county’s loan limits to keep pace with house values.

Conforming limits are usually set at 115% of the median home price for each area, though they can exceed this level in some high-cost areas.

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