Milwaukee & Waukesha 2025 Conforming Loan Limits + Jumbo Cutoffs
The Milwaukee Waukesha 2025 Conforming Loan Limits are set at $806,500 for a one-unit home. Any loan amount above this is considered a jumbo loan, which requires higher credit scores, larger down payments, and stricter underwriting. Knowing these cutoffs helps homebuyers plan financing strategies and avoid unexpected hurdles.
Let's break down the numbers and what they mean for Wisconsin homebuyers.
2025 Conforming Loan Limits in Wisconsin
The 2025 baseline conforming loan limit for a one-unit home is $806,500. This limit applies statewide, including Milwaukee and Waukesha Counties.
Here's a quick look at the 2025 limits:
| Property Type | Loan Limit |
|---|---|
| 1-unit | $806,500 |
| 2-unit | $1,031,650 |
| 3-unit | $1,246,050 |
| 4-unit | $1,548,100 |
(Source: FHFA Conforming Loan Limit Chart)
What Counts as a Jumbo Loan in Milwaukee & Waukesha?
Any loan amount above $806,500 on a one-unit property in Milwaukee or Waukesha County is considered a jumbo loan.
Why it matters:
- Jumbo loans typically require higher credit scores (700+), larger down payments (10 - 20%), and stricter documentation.
- Conventional loans allow as little as 3 - 5% down (depending on the borrower profile) and more flexible underwriting.
- Conventional loans are also eligible for PMI cancellation once equity reaches 20% - a long-term cost advantage over jumbo options.
How Loan Limits Affect Buyers in 2025
With rising home prices in southeast Wisconsin, more buyers are running into these limits - especially in desirable areas like Brookfield, Elm Grove, or Lake Country. Knowing the cutoff upfront helps you:
- Plan your budget - If you stay under $806,500, you can use standard conventional financing.
- Weigh jumbo vs. conforming - Sometimes structuring your loan just under the limit is smarter than stretching into jumbo territory.
- Explore piggyback loans - In some cases, combining a first mortgage with a smaller second keeps you in the conforming box.
Internal & External Resources
- 📌 Related: Conventional Loan Requirements in Wisconsin (2025 Guide)
- 📌 Related: FHA Loan Wisconsin 2025 - Low Down Payment Option
- 🔗 External: FHFA Loan Limits 2025
- 🔗 External: Bankrate - Conforming vs. Jumbo Loans
Key Takeaways
- Milwaukee & Waukesha 2025 loan limit (1-unit): $806,500
- Anything above that is a jumbo loan with stricter requirements.
- Staying within conforming limits means lower down payments, easier qualification, and PMI that can eventually be removed.
- Work with a lender who understands how to structure financing around these cutoffs.
Contact Adam Zeman - Wisconsin Mortgage Expert
- Phone: 414-975-2654
- Email: azeman@uhm.com
- Website: www.mkemortgage.com
- Apply Online: Start Your Loan Application
- Schedule a Call: Book a Time
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