2024 Loan Limits for Conventional Mortgages
Conventional – Loans closed on or after Jan 1st 2024:
The Federal Housing Finance Agency (FHFA) has issued the following maximum first mortgage loan limits that will apply to conventional loans for acquisition by Fannie Mae / Freddie Mac with a note date on and after January 1, 2024.
| 2024 Conventional Loan Limits | ||
| Units | Conforming Amount | High Cost Areas |
| One | $766,550 | $1,149,825 |
| Two | $981,500 | $1,472,250 |
| Three | $1,186,350 | $1,779,525 |
| Four | $1,474,400 | $2,211,600 |
Conforming Loans with a 3% Down Payment
NO Overlay Lender
Zero Down Purchase Loan
