NEW 2024 CONFORMING LIMITS

By
Mortgage and Lending with Franklin Advantage Inc. NMLS Lic. # 343946

 

Each year the Federal Housing Finance Agency reviews and adjust the Conforming Limits for loan amounts affecting Fannie Mae and Freddie Mac loan purchases.

As announced today by the Federal Housing Finance Agency (FHFA), the standard and high-cost area loan limits for Fannie Mae and Freddie Mac are increasing. The base loan limit for 2024 in most of the country will be $766,550, as compared to the 2023 limit of $726,200.

Below is a Link to the online PDF for all states.  Please Click the Link Below:

NEW 2024 CONFORMING LIMITS

Photo Courtesy of Master Isolated Images / FreeDigitalPhotos.net

 

Posted by

 

Wayne L. Brown, NMLS # 343946
Licensed Mortgage Specialist
Franklin Advantage, Inc.
Direct: 858-997-6300
Email: Wayne@SanDiegoMtgPro.com
Website: 
www.SanDiegoMtgPro.com

Online Application:

https://www.blink.mortgage/app/signup/p/franklinadvantageincc/waynebrown

 

 

L/O CA DRE LIC. # 00906571

Corp. NMLS # 285786

CORP CA DRE LIC. # 01837286

 

Equal Housing Lender

 

About Wayne Brown

 

Wayne is a Licensed Mortgage Banker, and is based in San Diego.  With over 35 years in commercial and mortgage banking, he serves all of California and has closed more than 5,600 loans in his career.

 

He specializes in Conventional, FHA, VA, and Reverse Mortgages for residential lending purposes.  Both he and his company always strive to exceed each client's expectations through knowledgeable, ethical, and transparent representation to service their financial needs. 

 

Contact Wayne for a Free and Confidential mortgage analysis and pre-approval without obligation, or to simply get answers to your mortgage questions.  Wayne can be reached directly at 858-997-6300.

Equal Housing Lender                     

Comments (5)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Wayne does this apply to all cities or just some?  I need to check with my lender here in Denver.

Nov 28, 2023 01:11 PM
Wayne L. Brown

Will Hamm 

Will, the list is broken down by County within your state.

Just Click on the link, and choose which County you're looking for in your area or surrounding areas.

Best of luck.

Wayne

Nov 28, 2023 02:14 PM
John Pusa
Glendale, CA

Hello Wayne L. Brown the new 2024 conforming loan limits will benefit many home buyers.

Nov 28, 2023 02:22 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Wayne L. Brown good job in putting out the word.  These loan limits are a far cry from when I first started as a Loan Originator.

Nov 28, 2023 02:49 PM
Wayne L. Brown

George Souto 

 

Thanks George.

 

I remember when Conforming jumped to $ 115,000.

Thought it was a big deal.

Lol

Be careful.  We're both dating ourselves here.

Thanks for the reply.

Nov 28, 2023 03:07 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I had to smile at George Souto  comment, the good old days:)Endre

Nov 28, 2023 10:27 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Enjoyed your blog page, and I added you as a follower. I would love the follow

back. Also, then we both get 50 points. Bill

Nov 29, 2023 05:21 AM