Conforming Loan Limits 2024 Ventura County

Conforming Loan Limits 2024 Ventura County. The exact conforming loan limit varies depending on the median home value in a given area, up to 150% of the baseline conforming loan limit. Conforming loan limits are the maximum loan amounts that fannie mae and freddie mac are willing to purchase from lenders.

In most of the u.s., the 2024 maximum conforming loan limit will be raised to $750,000, up from 2020’s level of 510,400. The baseline conforming loan limit for 2024 is $766,550, an increase of $40,350 from 2023.