What Is Conforming Loan Limit 2024. Effective from january 1, 2024, the limits will rise,. The new loan limit for most of the country will be $766,550 — a 5.56% increase over the 2023 limit — and is.

A conforming loan is a mortgage that meets lending rules set by fannie mae and freddie mac and is within. Fannie mae loan limit values are increasing in 2024.