2024 FHFA New Conforming Loan Limits For The State Of Colorado

Updated Conforming Loan Limits For Colorado

As Prices across the Denver Metro Area have continued to increase, the conforming loan limit set by the Federal Housing Finance Agency (FHFA) have been increased by 5.56%, reaching a maximum of $766,550 in 2024. In certain regions, the limit may be even higher. These updated limits are now in place for 2024.

The higher loan limit is great news for your buyers, potentially leading to lower interest rates whensecuring financing for higher-priced homes.

The increased limit along with the recent interest rate drops could increase your buying power for 2024. Please contact us so we can discuss your real estate goals with you and see how the recent change could help you achieve them.