Of several mortgage loans are available because the fixed price or changeable price finance Conforming: Compliant financing conform to rules lay of the national and you may Federal national mortgage association and you may Freddie Mac. The maximum dimensions of these finance is actually $548,250 in most areas, although in costlier areas it may finest $822,375. Here is the most frequent type of home loan. Nonconforming: Nonconforming financing include jumbo loans, plus some market finance for those who have strange monetary issues – and self-working somebody otherwise this new doctors.