2024 Conforming Mortgage Loan Limits
Conventional
(Fannie Mae / Freddie Mac)
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Fannie Mae and Freddie Mac Increase Loan Limits from $726,200 to $766,550.
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High-Cost Areas: The new ceiling loan limit for one-unit properties will be $1,149,825, which is 150 percent of $766,550.
A list of the 2024 maximum conforming loan limits for all counties and county-equivalent areas in the country can be found here.
(Effective January 1, 2024)
FHA & VA
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The Federal Housing Agency (FHA) has raised its loan limit to a maximum amount of $498,257 in most areas.
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High Cost Areas: In certain high cost areas, it’s $1,149,825.
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FHA & VA loan limits are determined by statistical data on a county by county basis.
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Visit https://entp.hud.gov/idapp/html/hicostlook.cfm to determine loan limits for 1-4 family properties by county.
Effective January 1, 2024