Riki Verene

Conventional Loan Limits 2024. The limits are based on the median home value in each u.s. — up from $726,200 in 2023.

The baseline conforming loan limit for 2024 is $766,550, an increase of $40,350 from 2023. In 2024, you can borrow up to $766,550 on a conforming loan in most areas, marking a conforming loan limit increase of $40,350 from last year’s numbers.