What is the jumbo loan limit in Arizona for 2026? In Maricopa County, any one-unit mortgage above $832,750 is a jumbo loan. That's the 2026 conforming loan limit set by the Federal Housing Finance Agency (FHFA), up $26,250 from $806,500 in 2025. Pinal County uses the same figure. For FHA loans, the 2026 one-unit limit in Maricopa County is $557,750.
Why it matters here: Scottsdale's median single-family sales price was $1,200,000 in September 2026. With a 20% down payment on that price, the loan is $960,000, about $127,250 over the conforming limit. Much of Scottsdale's detached-home market is jumbo territory unless you bring a larger down payment.
Data note: Loan limits come from FHFA's 2026 county list and HUD's 2026 FHA limits. Market figures are Phoenix REALTORS/ShowingTime September 2026 data. Rate data is Freddie Mac's survey as of Oct. 15, 2026.
2026 Loan Limits for Maricopa County at a Glance
Conforming (Fannie Mae / Freddie Mac)
- 1 unit: $832,750
- 2 units: $1,066,250
- 3 units: $1,288,800
- 4 units: $1,601,750
- High-cost status: none. Maricopa uses the national baseline, not the $1,249,125 high-cost ceiling.
FHA (Phoenix-Mesa-Chandler area)
- 1 unit: $557,750
- 2 units: $714,000
- 3 units: $863,100
- 4 units: $1,072,600
- National FHA floor: $541,287, so Maricopa sits just above it
The limit applies to the loan amount, not the purchase price. A $1 million home can still carry a conforming loan if the down payment is large enough.
Where Scottsdale and Phoenix Prices Land
Phoenix REALTORS/ShowingTime, September 2026:
- Scottsdale single-family median: $1,200,000 (+4.3% year over year); year-to-date median $1,250,000
- Scottsdale single-family average: $1,646,506
- Scottsdale townhouse/condo median: $485,000
- Phoenix single-family median: $485,000 (−3.5%)
- Phoenix townhouse/condo median: $329,000
The Down Payment Math
- To stay conforming on a $1,200,000 purchase: put down $367,250 (about 30.6%)
- On $1,250,000: $417,250 (about 33.4%)
- At 20% down on $1,200,000: a $960,000 loan, which makes it a jumbo
- At a Phoenix or Scottsdale median-priced condo ($329,000 to $485,000): typical down payments keep the loan under both the FHA and conforming limits
For scale, principal and interest on an $832,750 loan at Freddie Mac's 7.40% 30-year average (October 15, 2026) is about $5,766 a month, before taxes, insurance and HOA dues. Jumbo rates are priced by each lender and can come in above or below the conforming average, so get quotes on both.
Three Ways Buyers Handle the Gap
1. Bring More Down
If you have the cash, putting enough down to land at or under $832,750 keeps you in conforming underwriting. The trade-off is liquidity. Before you drain savings, check how much cash you want left after closing.
2. A First Mortgage Plus a Second
Some buyers pair a conforming first mortgage at the limit with a second loan or line of credit for part of the difference. Two loans means two sets of terms, and the second often carries a different or variable rate. Ask your lender to model the blended payment.
3. Go Jumbo
A jumbo loan finances the whole amount in one mortgage. Because it can't be sold to Fannie Mae or Freddie Mac, the lender sets the rules. Expect lenders to look closely at:
- Cash reserves after closing
- Credit history and debt-to-income ratio
- Appraisal requirements, which can be stricter on high-value homes
- Documentation for self-employed or asset-based income
“My Scottsdale buyers who get to the closing table smoothly are the ones who get a jumbo pre-approval and a conforming quote in the same week, before we ever write an offer. Seeing both side by side shows you where your down payment does the most work. Sometimes another $40,000 down changes the whole loan. Sometimes it changes nothing, and you're better off keeping the cash.”
— Elizabeth Vijan, Tackett Team, eXp Realty
Timing: 2026 Limits Now, 2027 Limits Soon
- Today's limits apply to loans delivered to Fannie Mae and Freddie Mac in calendar year 2026.
- The 2026 baseline rose 3.26%, matching FHFA's House Price Index growth from Q3 2024 to Q3 2025.
- FHFA announced 2026 limits on November 25, 2025. If you're under contract with a closing near year-end, ask your lender which year's limit will apply to your loan.
Looking at programs that pair with conforming or FHA loans? See my guide to first-time home buyer programs in Arizona. Weighing seller concessions? Read rate buydown vs. price reduction.
FAQ: Arizona Loan Limits
What is the conforming loan limit in Maricopa County for 2026?
$832,750 for a one-unit home. Pinal County is the same.
What is a jumbo loan in Arizona?
Any mortgage above the conforming limit, so in Maricopa County a one-unit loan over $832,750. Private lenders set their own jumbo requirements.
What is the FHA loan limit in Maricopa County for 2026?
$557,750 for one unit, up to $1,072,600 for four units.
When will the 2027 conforming loan limits be announced?
The 2026 figures came out November 25, 2025. Watch for the 2027 limits around late November 2026.
Shopping Above $832,750?
I'll connect you with lenders who quote both jumbo and conforming options, then match your financing to the Scottsdale and Phoenix neighborhoods where your budget works best, so your offer is ready when the right home lists.
Elizabeth Vijan | Tackett Team, eXp Realty
Scottsdale & Phoenix Real Estate
Get My Scottsdale Buying Power Plan · Call or text 602-885-7752
Sources: FHFA 2026 conforming loan limit announcement · FHFA 2026 county loan limit list · Freddie Mac 2026 loan limit table · HUD 2026 FHA limits, areas above the floor · HUD Mortgagee Letter 2025-23 · Scottsdale September 2026 market update (Phoenix REALTORS/ShowingTime) · Phoenix September 2026 market update (Phoenix REALTORS/ShowingTime) · Freddie Mac mortgage rate survey
Disclaimer: Loan limits, rates and lender requirements change. Payment figures are principal and interest only and are for illustration. This post is not a loan offer or financial advice. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Tackett Team, eXp Realty · Get in touch