Fha Conforming Loan Limits 2024 India. Every year, the fha reviews these limits and updates them, if needed, based on the changes in market conditions. The baseline conforming loan limit for mortgages backed by fannie mae and freddie mac in 2024 will be $766,550, up 5.5% compared to the current limit of.

Conforming loan limits represent the maximum dollar amount you can borrow for a conforming residential mortgage. In 2024, most borrowers face a conforming loan limit of $766,550.