– Conforming Loans vs. Non-Conforming Loans A conventional loan is a broad term that can include conforming and non-conforming loans. A conventional loan is simply any loan that is not a government loan (FHA, VA, or USDA).
FHA Loan Limits Increased – This amount is 150 percent of the national conforming limit. conforming loan limits had remained unchanged for ten years but FHA limits were adjusted several times over that period. According to Katie.