Fannie Mae Limits 2024. Sofi has low interest rates and approves borrowers with scores as low as 600, making it an excellent option if your credit score is lower than the 620 required by most lenders. The loan amount must be within the conforming loan limits set by the fhfa each year.;
The average interest rate, per the most current data available as of this writing, is 6.771%. Fha loan limits are the maximum loan amount the fha will insure.