Conforming Loan Limits 2024 High Balance

Conforming Loan Limits 2024 High Balance. As home prices rise, so do the limits. The conforming loan limits for 2024 are the new loan limit set by federal housing finance agencies that regulate how much a person can borrow to buy a house.

These limits set the maximum amount you can borrow using a conforming loan. The new loan limit for most of the country will be $766,550 — a 5.56% increase over the 2023 limit — and is.