What Is The 2024 Conforming Loan Limit. For much of the u.s., the divide between conforming loans and jumbo mortgages is $766,550 in 2024. The conforming loan limits for 2024 have increased and apply to loans delivered to fannie mae in 2024 (even if originated prior to 1/1/2024).
The 2024 conforming loan limit increase means more purchasing power for qualified homebuyers looking to purchase or refinance a home in 2024. 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.
What Is The 2024 Conforming Loan Limit Images References :
