Maximum Conforming Loan Limits 2024 Florida. Conforming loans are backed by fannie mae and freddie mac and can’t exceed fhfa loan limits ($766,550 in most areas). For 2024, the baseline limit for conforming loans is $766,550, up almost 6% from the previous year.

The conforming loan limits for 2024 are the new loan limit set by federal housing finance agencies that regulate how much a person can borrow to buy a house. The federal housing finance agency (fhfa) has announced that the maximum conforming loan limits for mortgages acquired by fannie mae and freddie.