Conventional 2024 Loan Limits. The federal housing finance agency will adjust these limits based on the house price index as per the housing and. The conforming loan limits for 2024 have increased and apply to loans delivered to fannie mae in 2024 (even if originated prior to 1/1/2024).
The below article has been updated to reflect actual 2024 conventional loan limits. In 2024, a buyer needs a credit score of 620 or higher.