SUBJECT: 2024 FNMA and FHLMC Loan Limits

DATE: October 19, 2023

REMN is pleased to announce that we will permit FNMA & FHLMC loans to utilize anticipated 2024 general/conforming loan limits, effective immediately.

Loans applying anticipated 2024 loan limits are subject to the following:

  • FNMA & FHLMC conforming products only
  • 1-unit properties only (including condos). 2–4-unit properties are ineligible until a formal announcement is made by FNMA/FHLMC
  • Purchase and refinance transactions are eligible
  • Owner-occupied, 2nd home, and investment occupancies are eligible
  • There is no change to high balance limits until a formal announcement is made by FNMA/FHLMC
  • Applies to new and existing pipeline loans
  • Loans over 80% LTV that need MI must use a REMN-approved MI company that is allowing the “early release” of 2024 loan limits (Enact, Essent, MGIC)
  • The earliest Note date is 11/02/2023
  • The first payment date can be no earlier than January 1, 2024 (no interest credits permitted)
  • AUS findings of “Approve/Ineligible” will be accepted if the SOLE reason for ineligibility is due to 2023 loan amount restrictions (and anticipated 2024 loan limits are not exceeded):

Subject Property Location

Anticipated 2024 Conforming Loan Limit

(1-Unit ONLY)

48 Contiguous States


Alaska & Hawaii


**Please contact your Account Executive with any questions**