Conforming Loan

A conforming loan is a conventional mortgage that meets all the underwriting, loan-size, and documentation standards set by Fannie Mae and Freddie Mac. Because these loans can be sold to the government-sponsored enterprises, they typically carry the lowest rates available in the market.

The loan-limit cap is reset annually by FHFA. For 2025, the baseline is $806,500, higher in designated high-cost counties. Loans above the cap are jumbo and priced differently.

Why it matters for Milo customers

Milo loans are not conforming — they're non-QM and held in portfolio rather than sold to Fannie Mae or Freddie Mac. This gives Milo flexibility to underwrite on crypto collateral rather than agency guidelines.

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