2024 Conforming Mortgage Loan Limits

Conventional

(Fannie Mae / Freddie Mac)

• Fannie Mae and Freddie Mac Increase Loan Limits from $726,200 to $766,550.

• 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

• The Federal Housing Agency (FHA) has raised its loan limit to a maximum amount of $498,257 in most areas.

• High Cost Areas: In certain high cost areas, it’s $1,149,825.

• FHA & VA loan limits are determined by statistical data on a county by county basis.
• Visit https://entp.hud.gov/idapp/html/hicostlook.cfm to determine loan limits for 1-4 family properties by county.

(Effective January 1, 2024)