Fnma Loan Limits 2024. Fannie mae loan limits for 2024. The baseline limit for conforming loans stands at $766,550, serving as the maximum loan amount that fannie mae will acquire from a lending institution.
The federal housing finance agency (fhfa) increased the baseline conforming loan limit for mortgages backed by fannie mae and freddie mac to $766,550 in 2024, marking a 5.5% increase from the current limit of $726,200. Conforming loan limits are tied to home prices.each year, the fhfa updates its baseline loan limit based on its house price index (hpi) report, which tracks the average increase in home values over the previous year.
