Fnma Conforming Loan Limits 2024. Pennymac tpo has raised its conforming loan limits, becoming the second major competitor to do so months ahead. The 2024 conforming loan limit increase means more purchasing power for qualified homebuyers looking to purchase or refinance a home in 2024.
The baseline limit for conforming loans stands at $766,550, serving as the maximum loan amount that fannie mae will acquire from a lending institution. These conforming loan limit values come in two forms: