The new loan limits for Fannie Freddie “conforming” loans were announced last year and just took effect. Neither Palm Beach nor Martin County are in high cost housing areas (according to HUD, and thus the base amounts apply and the loan limit for single family units in our area is $510,400.
| MSA Name | MSA Code | Division | County Name | County Code | State | One-Family | Two-Family | Three-Family | Four-Family | Last Revised | Limit Year |
| MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL | 33100 | 48424 | PALM BEACH | 099 | FL | $510,400 | $653,550 | $789,950 | $981,700 | 01/01/2020 | CY2020 |
The FHA Loan limits also increased for 2020 to $373,750 for Palm Beach and Martin County…
| MSA Name | MSA Code | Division | County Name | County Code | State | One-Family | Two-Family | Three-Family | Four-Family | Median Sale Price | Last Revised | Limit Year |
| MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL | 33100 | 48424 | PALM BEACH | 099 | FL | $373,750 | $478,450 | $578,350 | $718,750 | $325,000 | 01/01/2020 | CY2020 |
