Categories: Uncategorized

2024 CONFORMING LOAN LIMIT UPDATE

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

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