Oregon Conforming Loan Limits for 2021, All Counties

This page shows the 2021 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 2020 that they would increase Oregon conforming loan limits for 2021, in response to rising home values across the state. This table below has been fully updated and shows the revised/increased limits for 2021.

Conforming Loan Limits for Oregon 2021

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.

COUNTY 1 Unit 2 Units 3 Units 4 Units
BAKER $548,250 $702,000 $848,500 $1,054,500
BENTON $548,250 $702,000 $848,500 $1,054,500
CLACKAMAS $548,250 $702,000 $848,500 $1,054,500
CLATSOP $548,250 $702,000 $848,500 $1,054,500
COLUMBIA $548,250 $702,000 $848,500 $1,054,500
COOS $548,250 $702,000 $848,500 $1,054,500
CROOK $548,250 $702,000 $848,500 $1,054,500
CURRY $548,250 $702,000 $848,500 $1,054,500
DESCHUTES $548,250 $702,000 $848,500 $1,054,500
DOUGLAS $548,250 $702,000 $848,500 $1,054,500
GILLIAM $548,250 $702,000 $848,500 $1,054,500
GRANT $548,250 $702,000 $848,500 $1,054,500
HARNEY $548,250 $702,000 $848,500 $1,054,500
JACKSON $548,250 $702,000 $848,500 $1,054,500
JEFFERSON $548,250 $702,000 $848,500 $1,054,500
JOSEPHINE $548,250 $702,000 $848,500 $1,054,500
KLAMATH $548,250 $702,000 $848,500 $1,054,500
LAKE $548,250 $702,000 $848,500 $1,054,500
LANE $548,250 $702,000 $848,500 $1,054,500
LINCOLN $548,250 $702,000 $848,500 $1,054,500
LINN $548,250 $702,000 $848,500 $1,054,500
MALHEUR $548,250 $702,000 $848,500 $1,054,500
MARION $548,250 $702,000 $848,500 $1,054,500
MORROW $548,250 $702,000 $848,500 $1,054,500
MULTNOMAH $548,250 $702,000 $848,500 $1,054,500
POLK $548,250 $702,000 $848,500 $1,054,500
SHERMAN $548,250 $702,000 $848,500 $1,054,500
TILLAMOOK $548,250 $702,000 $848,500 $1,054,500
UMATILLA $548,250 $702,000 $848,500 $1,054,500
UNION $548,250 $702,000 $848,500 $1,054,500
WALLOWA $548,250 $702,000 $848,500 $1,054,500
WASCO $548,250 $702,000 $848,500 $1,054,500
WASHINGTON $548,250 $702,000 $848,500 $1,054,500
HOOD RIVER $548,250 $702,000 $848,500 $1,054,500
WHEELER $548,250 $702,000 $848,500 $1,054,500
YAMHILL $548,250 $702,000 $848,500 $1,054,500

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.

View Mortgage Rates in Oregon Oct, 24, Sun, 2021

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 2021: $548,250 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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