What Is The Conforming Loan Limit For 2024. The 2024 c onforming loan limit values have been set under the hera formula. Three of the country’s largest mortgage lenders—crosscountry, guaranteed rate and united wholesale mortgage (uwm)—raised their conforming loan.
In 2024, you can borrow up to $766,550 on a conforming loan in most areas, a $40,350 increase from last year’s limit. For much of the u.s., the divide between conforming loans and jumbo mortgages is.