Fannie Mae Jumbo Loan Limits 2024. Essentially, a jumbo loan is a mortgage that exceeds baseline amounts set by federal national mortgage association (fannie mae) and federal home loan. The 2024 conforming loan limit increase means more purchasing power for qualified homebuyers looking to purchase or refinance a home in 2024.
Learn about jumbo loan limits. On tuesday, the federal housing finance agency announced that it is raising the conforming loan.
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