Updated 2024 FHFA Confirming Loan Limits are active as of 10/11/2023!
As of this date, the updated loan limits can be utilized on all pipeline loans and initial underwrites for both Conventional and VA files.
2024 CONFORMING LOAN LIMITS (CONVENTIONAL)
| 2024 Conforming Loan Limits (Conventional) | |||||
| 1-unit | 2-unit | 3-unit | 4-unit | ||
| Current | $726,200 | $929,850 | $1,123,900 | $1,396,800 | |
| New | $750,000 | $959,600 | $1,159,800 | $1,441,500 | |
| Change | ↑ $23,800 | ↑ $29,750 | ↑ $35,900 | ↑ $44,700 | |
2024 HIGH-COST LOAN LIMITS, INCL. HAWAII AND ALASKA (CONVENTIONAL)
| 2024 High-Cost Loan Limits, including Hawaii and Alaska (Conventional) | ||||
| 1-unit | 2-unit | 3-unit | 4-unit | |
| Current | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |
| New | No change to Loan Limits in High-Cost Counties for 2024 | |||
2024 LOAN LIMITS (VA)
| 2024 Loan limits (VA) | |
| 1-4 units | |
| Current | $726,200 |
| New | $750,000 |