Fannie Mae High Balance Loan Limits 2024. Conforming loans meet rules and requirements set by the federal housing administration, fannie mae and freddie mac. The new loan limit for most of the country will be $766,550 — a 5.56% increase over the 2023 limit — and is effective for whole loans delivered to fannie mae and loans in mbs pools with issue dates on or after jan.
Conforming loan limits are connected to home prices. What is a conforming loan?