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2024 Conforming Loan Limits – All Counties/States

Posted by Perriott-Admin on November 29, 2023
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> The new conforming loan limits for the entire country effective immediately. > > If you are pricing within 20% of the loan limit, it could have a significant impact on the buyer’s financing. Making sure you are on the good side of the equation can potentially get you more buyers and better offers. Take your proposed listing price times 80% to get the loan amount for a buyer making a 20% down payment. Check where it falls on the grid below, and if it’s close to the cutoff, check with me to advise where the most favorable loan pricing is. Ultimately, of course, it’s the seller’s decision, but let’s be strategic ahead of time and put them in the best position to win. > > Here’s a snapshot of the new limits in LA and surrounding areas. >  > >

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