What are the conforming loan limits for 2024?

By Yahoo! Finance | Sep 18, 2024 at 05:34 PM EST

Your financial situation affects your mortgage borrowing amount. Conforming loans adhere to Fannie Mae and Freddie Mac guidelines. Loan limits vary based on location and property units. Exceeding limits offers options like piggyback loans or jumbo loans, but jumbo loans require higher criteria.

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