This could be savings on the table for the Borrowers!

2024 Conforming & FHA Loan Limits 

This week, the Federal Housing Administration (FHA) and the Federal Housing Finance Agency (FHFA) both announced new 2024 loan limits, which affect FHA and conforming loans.

This means your buyers will have more flexibility, and possibly lower rates when financing a higher-priced home.

Find New Conforming Loan Limits

The FHFA provides a free look-up tool that you can share with your prospects. The interactive map allows the user to hover over a county or county equivalent to see applicable 2024 conventional loan limits in that area. 


Find New FHA Loan Limits

You can find the 2024 FHA loan limits on their maximum mortgage limits page.


Both of these are great tools to bookmark!

If you have any questions about these changes, I'm glad to help. Reach out today to learn more!