Maximum Conforming Loan Limits 2024 In India. Conforming loan limits represent the maximum amount someone can borrow for a mortgage loan eligible for purchase by fannie mae and freddie mac. What is the new conforming loan limit for 2024?

New loan size limits are set each year on conventional mortgages that freddie mac or fannie mae will buy from. If you think a conforming loan might be right for you, you’ll want to familiarize yourself with this year’s conforming loan limits.