As of November 18, 2011, a newly enacted law returns the temporary loan limits for an FHA loan to $725,750. Meaning, if you’re doing an FHA loan, you can borrow a loan amount up to $729,750 and not be subject to jumbo interest rates.
This new loan limit will be in place through 2013.
If you’re doing a conventional loan (meaning more than 5% down), conforming loan limits remain at $625,500.