Federal Housing Finance Agency (FHFA) Announces Conforming Loan Limit Values for 2024

November 28, 2023

Today, the Federal Housing Finance Agency (FHFA) issued the baseline ("general") and high-cost area conforming loan limit values that will apply to conventional loans to be acquired by Fannie Mae in 2024. The new limits are effective for whole loans delivered, and mortgage loans delivered into MBS with pool issue dates on or after January 1, 2024. All conforming loan limit values apply to the original loan amount of the mortgage loan, not to its balance at the time of purchase by Fannie Mae.

For questions, please contact the Fannie Mae Investor Help Line at 1-800-232-6643, Option 3 or by e-mail.