2024 Fha Loan Limits Increase Or Decrease. In 2024, securing a federal housing administration (fha) loan has become an increasingly popular option for prospective homebuyers. If you are a borrower considering an fha loan, this increased loan limit opens up new possibilities when home shopping.

The new loan limits will apply to all loans assigned fha case numbers on or after jan. This represents a 5.56% increase from the current 2023 fha loan limit of $472,030, which is based on home price movement over the past year.