Fnma Loan Limits 2024 High Balance

Fnma Loan Limits 2024 High Balance. Conforming loans are backed by fannie mae and freddie mac and can’t exceed fhfa loan limits ($766,550 in most areas). This is a history of the fannie mae (fnma) and freddie mac (fhlmc) conforming loan limits.

In most of the u.s., the 2024 maximum conforming loan limit will be raised to $750,000, up from 2020’s level of 510,400. The federal housing finance agency (fhfa) recently announced the conforming loan limits for residential mortgage loans acquired by fannie mae and freddie mac in 2024.