Conforming Loan Limits 2024 High Balance. This type of loan allows borrowers to reap the benefits of the traditional fha loan without being constricted to conventional. New loan size limits are set each year on conventional mortgages that freddie mac or fannie mae will buy from.

For 2024, the fhfa has set the conforming loan limit at $766,550, a 5.5% increase from 2023. County, so your loan limit depends on the county where you’re buying a house.