Conforming Loan Limits 2024 Colorado

Conforming Loan Limits 2024 Colorado. Each year, the fhfa adjusts the conforming loan limits based on its third quarter house price index (hpi). For the majority of locations throughout the u.s, conforming loan limits have moved higher from $510,400 in 2020, $548,250 in 2021, $647,200 in 2022, $726,200 in 2023 up to $766,550 for 2024.

Conforming loan limits represent the maximum dollar amount you can borrow for a conforming residential mortgage. Learn how the fhfa sets these limits to keep mortgage financing accessible in el paso and teller counties.