Conforming Loan Amount Limits 2024

Conforming Loan Amount Limits 2024. Each year, the fhfa adjusts the conforming loan limits based on its third quarter house price index (hpi). In 2024 conforming loan limits have been announced, bringing about an increase in loan limits across various regions.

In 2024, the loan limit for 1 unit has increased with the maximum in washington at $977,500 and in colorado is $856,750 while loan limits. Before we proceed, let’s clarify what conforming loan limits are.