Congress agreed to restore, reinstate and extend the jumbo / conforming FHA loan limits to $729,750 for 2012 and 2013 after seeing the negative impact the October 1st loan limit reduction had on the certain high cost housing markets. Restoring the FHA loan limit is considered essential to stabilizing the housing market in many high cost counties of California, as well as other parts of the nation.
Surprisingly, the House rejected the Senate’s bill to restore or increase the conventional (Fannie Mae/Freddie Mac) loan limits. FHFA announced Conventional financing limits will remain the same.
Loan amounts between $417,000 and $729,750 are often referred to as high balance, jumbo conforming, or agency jumbo loans. The FHA conforming & jumbo loan limits have been extended through December 13, 2013. 
Who will benefit most from the restored and extended jumbo/conforming FHA loan limits in California?
- Home buyers who don’t have a 10% or 20% down payment in high cost areas such as Riverside, San Bernardino, San Diego, Orange and Los Angeles county now have access to low interest rate, safe, and affordable 3.5% low down payment financing.
- Home values and sales prices in higher priced markets will stabilize because buyers can secure larger loan amounts when using an FHA loan.
Below is the 2012 – 2013 updated FHA and Conventional loan limits by county in California.
Get an FHA purchase or refinance rate quote while you’re here.
|
CA County Name |
CA FHA Loan Limit | CA Conventional Loan Limit | ||
| ALAMEDA | $729,750 | $625,500 | ||
| ALPINE | $547,500 | $463,450 | ||
| AMADOR | $462,500 | $417,000 | ||
| BUTTE | $400,000 | $417,000 | ||
| CALAVERAS | $462,500 | $417,000 | ||
| COLUSA | $397,750 | $417,000 | ||
| CONTRA COSTA | $729,750 | $625,500 | ||
| DEL NORTE | $311,250 | $417,000 | ||
| EL DORADO | $580,000 | $474,950 | ||
| FRESNO | $381,250 | $417,000 | ||
| GLENN | $287,500 | $417,000 | ||
| HUMBOLDT | $393,750 | $417,000 | ||
| IMPERIAL | $325,000 | $417,000 | ||
| INYO | $437,500 | $417,000 | ||
| KERN | $368,750 | $417,000 | ||
| KINGS | $325,000 | $417,000 | ||
| LAKE | $401,250 | $417,000 | ||
| LASSEN | $285,000 | $417,000 | ||
| LOS ANGELES | $729,750 | $625,500 | ||
| MADERA | $425,000 | $417,000 | ||
| MARIN | $729,750 | $625,500 | ||
| MARIPOSA | $412,500 | $417,000 | ||
| MENDOCINO | $512,500 | $417,000 | ||
| MERCED | $472,500 | $417,000 | ||
| MODOC | $472,500 | $417,000 | ||
| MONO | $529,000 | $529,000 | ||
| MONTEREY | $729,750 | $483,000 | ||
| NAPA | $729,750 | $592,250 | ||
| NEVADA | $562,500 | $477,250 | ||
| ORANGE | $729,750 | $625,500 | ||
| PLACER | $580,000 | $474,950 | ||
| PLUMAS | $410,000 | $417,000 | ||
| RIVERSIDE | $500,000 | $417,000 | ||
| SACRAMENTO | $580,000 | $474,950 | ||
| SAN BENITO | $729,750 | $625,500 | ||
| SAN BERNARDINO | $500,000 | $417,000 | ||
| SAN DIEGO | $697,500 | $546,250 | ||
| SAN FRANCISCO | $729,750 | $625,500 | ||
| SAN JOAQUIN | $488,750 | $417,000 | ||
| SAN LUIS OBISPO | $687,500 | $561,200 | ||
| SAN MATEO | $729,750 | $625,500 | ||
| SANTA BARBARA | $729,750 | $603,750 | ||
| SANTA CLARA | $729,750 | $625,500 | ||
| SANTA CRUZ | $729,750 | $625,500 | ||
| SHASTA | $423,750 | $417,000 | ||
| SIERRA | $304,750 | $417,000 | ||
| SISKIYOU | $293,750 | $417,000 | ||
| SOLANO | $557,500 | $417,000 | ||
| SONOMA | $662,500 | $520,950 | ||
| STANISLAUS | $423,750 | $417,000 | ||
| SUTTER | $425,000 | $417,000 | ||
| TEHAMA | $312,750 | $417,000 | ||
| TRINITY | $271,050 | $417,000 | ||
| TULARE | $325,000 | $417,000 | ||
| TUOLUMNE | $437,500 | $417,000 | ||
| VENTURA | $729,750 | $598,000 | ||
| YOLO | $580,000 | $474,950 | ||
| YUBA | $425,000 | $417,000 | ||
+ View all 2012 FHA loan limits at HUD website
+ View FHFA Conventional (Fannie/Freddie) loan limits for 2012
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2012 VA Loan Limits have been reduced! Find out how you can borrow more than the limit.
Not sure if FHA financing is the best option for you? Interested in comparing a 3% down payment loan program that doesn’t require any mortgage insurance?
Call me direct (951) 215-6119 to discuss your situation and learn about financing programs most lenders don’t tell you about because they can’t offer them….like 100% financing or down payment assistance for 1st & 2nd time home buyers!
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