Conforming Loan Limits 2024. The baseline conforming loan limit for mortgages backed by fannie mae and freddie mac in 2024 will be $766,550, up 5.5% compared to the current limit of $726,200, the federal housing finance. Conforming loan limits, defining the maximum mortgage fannie mae can handle, balance promoting homeownership with risk mitigation.

Understanding fannie mae conforming loan limits in 2024 Conforming loan limits are based on home prices in counties and other places throughout the u.s.