What Is The Conventional Loan Limit 2024 In Nj. The conforming loan limits for 2024 have increased and apply to loans delivered to fannie mae in 2024 (even if originated prior to 1/1/2024). In 2024, that’s $ in most areas, but more in.
The baseline conforming loan limit for 2024 is $766,550, an increase of $40,350 from 2023. The amount of money you borrow with a conventional loan must also fall within conforming loan limits.