Loan Limits 2024

Loan Limits 2024. In most of the u.s., the 2024 maximum conforming loan limit will be raised to $750,000, up from 2020’s level of 510,400. The new limits are effective for whole loans delivered, and mortgage loans delivered into mbs with pool issue dates on or after january 1, 2024.

Understand what loan limits are, how they are decided, and how these updated amounts impact. 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.