Conventional 2024 Loan Limits. In 2024, you can borrow up to $766,550 on a conforming loan in most areas, marking a conforming loan limit increase of $40,350 from last year's numbers. Detailed addendum of the methodology used to determine the conforming loan limits.

Conventional loan limits, set by the fhfa, determine the maximum amount for a conventional mortgage without requiring a jumbo loan. In 2024, that’s $ in most areas, but more in some.