Conventional Loan Limits 2024 California. California fha loan limits for 2024 have been increased due to home price growth and will range from $498,257 to $1,149,825 depending on the. California conventional loans can be used to buy a home, lower mortgage payments, consolidate debt or cash out refinance.

The federal housing finance agency (fhfa) has announced the conforming loan limit values (clls) for mortgages fannie mae and freddie mac (the. Conforming loan limits update every year to adapt to the change in home prices.