Fannie Mae Jumbo Loan Limits 2024. The most common conforming loan limit for 2024 is $766,550, which means any mortgage that’s larger than that is a jumbo loan. Set by the federal housing finance agency (fhfa), conforming loan limits cap the amount that can be financed through mortgages acquired by government.

The conforming loan limit in most areas in 2024 is $766,550 for one unit. A jumbo loan is a loan tailored for borrowers whose mortgage terms would exceed the conforming limits debt set by fannie mae and freddie mac.