National Conforming Loan Limit 2024

National Conforming Loan Limit 2024. Mortgages backed by freddie mac and fannie mae in 2024 has increased from $726,200 to $766,550, an increase of. This number has increased since 2023, when the limit was $726,200.

In 2024, you can borrow up to $766,550 on a conforming loan in most areas, marking a conforming loan limit increase of $40,350 from last year’s numbers. Conforming conventional loans are those which meet loan parameters per freddie mac or fannie mae and do not exceed the federal housing finance agency (fhfa) loan limit.