Conforming Loan Limits 2024 Fannie Mae. The new loan limit for most of the country will be $647,200 — an 18.05% increase over the 2021 limit — and is effective for whole loans delivered to fannie mae. Conventional loans are used for homes valued below the conforming loan limits set by fannie mae and freddie mac.

Conventional loans are used for homes valued below the conforming loan limits set by fannie mae and freddie mac. The jumbo loan limits in texas for 2024 are set between $766,550 and $1,149,825, reflecting the state’s diverse real estate market and the varying costs of.