Have you heard about the 2024 conforming loan limit increase for conventional loans on single-family homes? It’s now $766,550* — that’s over 40k more than last year’s amount of $726,200! 

Curious about how this loan limit increase can benefit you in your homebuying journey? With the new $766,550 limit, you now have increased flexibility and greater buying power. 

Feel free to reach out for personalized insights, guidance, or any assistance you may need. Your dream home might be more within reach than you think – let’s explore the possibilities together!

*New limit of $766,550 is for 1-unit, single-family homes. Conforming Loan Limits for 2 to 4-unit Conventional Loans are listed below:

2-unit limit: $981,500

3-unit limit: $1,186,350

4-unit limit: $1,474,400

Increased loan limits for high-cost areas are available; please contact your mortgage lender for full information.