Fannie Mae Conforming Loan Limits 2024 New York. Fannie mae and freddie mac purchase mortgages that meet their. For fha, the new conforming loan limit for 2024 is $498,257, marking a $60,000 increase over last year’s baseline.

— up from $726,200 in 2023. The baseline limit for conforming loans stands at $766,550, serving as the maximum loan amount that fannie mae will acquire from a lending institution.