New Fnma Loan Limits 2024

New Fnma Loan Limits 2024. Starting january 1, 2024, new conforming loan limits will rise to $766,550 in most of the u.s. The new limits are effective for whole loans delivered, and mortgage loans delivered into mbs with pool issue dates on or after january 1, 2024.

Conforming loans are backed by fannie mae and freddie mac and can’t exceed fhfa loan limits ($766,550 in most areas). The new loan limit for most of the country will be $647,200 — an 18.05% increase over the 2021 limit — and is effective for whole loans delivered to fannie mae and loans in mbs pools with issue dates on or after jan.