Conventional Loan Limits 2024 California. The projected increase in 2024 is approximately 3.28%, resulting in a new conforming loan limit of $750,000, up from $726,200 in 2023. The amount of money you borrow with a conventional loan must also fall within conforming loan limits.

In 2024, that’s $ in most areas, but more in. The federal housing finance agency (fhfa) announced it will increase the 2024 conforming loan limits for mortgages acquired by fannie mae and freddie mac to.