2022 California Conforming and FHA County Loan Limits

California’s 2022 conforming county loan limits for FHA, VA, Conventional and Jumbo loans

California’s 2022 Conventional Conforming County Loan Limit

For 2022, the FHFA (Federal Housing Finance Administration) set the baseline conforming loan limit for 1 unit properties at $647,200 for Conventional financing (Fannie Mae & Freddie Mac) and up to $970,800 in California high cost counties.

What is a Conforming loan?  A conforming home loan must meet, or “conform” to certain criteria or guidelines set forth by Government Sponsored Entities (GSE’s) Freddie Mac and Fannie Mae.  The loan amount is just one of those criteria needed to be classified as a ‘conforming’ loan.

What is a High Balance or ‘high-cost’ county loan limit?  Loan limits are derived by median home prices in a particular county and have a ceiling of 150% of the baseline mortgage limit.  Loan amounts between $647,200 and $970,800 are referred to agency ‘High Balance’ or ‘Super Conforming’ loans because they exceed the baseline limit.

You can view a map of the 2022 county loan limits here or download a PDF or Excel file here.

2022 FHA County Loan Limits in California

FHA determines their 2022 maximum county mortgage limit differently than FHFA.  The FHA (Federal Housing Administration) is required to set a single family floor and ceiling loan limit range, which is based on 80% to 150% of the median home prices.  Mortgaee Letter 2021-28

The FHA’s current floor is $420,680 and the ceiling is $970,800.

FHA Jumbo loan limit – California FHA loan amounts in high-cost counties between $420,680 and $970,800 are referred to FHA jumbo loans or FHA high balance loans.

2022 VA County Loan Limits in California

Good news….VA loans in California no longer have a county loan limit for 2022!  In 2021, VA Circular 26-19-30, the VA announced that President Trump signed the Blue Water Navy Vietnam Veterans Act that removes all county loan limits for Veterans!

Who sets or determines the loan limits? (click to read)

Government agencies Federal Housing Finance Agency (FHFA = Fannie Mae/Freddie Mac Conventional financing), Federal Housing Administration (FHA), and the Dept. of Veterans Affairs (VA) not only publish qualifying guidelines that all banks must comply with, they also dictate what the maximum county loan limit can be.

You can watch a video of how they calculate loan limits here or read about it here.

Loan limits listed below are for 1 unit properties.  Loan limits for 2-4 units are higher.  Contact me for details on qualifying and loan limits for 2-4 unit property.

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County2022 FHA Loan Limit2022 Conventional Loan Limit
Alameda970,800970,800
Alpine463,450647,200
Amador364,550647,200
Butte356,362647,200
Calaveras373,750647,200
Colusa356,362647,200
Contra Costa822,375970,800
Del Norte356,362647,200
El Dorado598,000675,050
Fresno356,362647,200
Glenn356,362647,200
Humboldt356,362647,200
Imperial356,362647,200
Inyo373,750647,200
Kern356,362647,200
Kings356,362647,200
Lake356,362647,200
Lassen356,362647,200
Los Angeles822,375970,800
Madera356,362647,200
Marin822,375970,800
Mariposa356,362647,200
Mendocino442,750647,200
Merced356,362647,200
Modoc356,362647,200
Mono529,000647,200
Monterey739,450854,450
Napa816,500897,000
Nevada526,700647,200
Orange822,375970,800
Placer598,000675,050
Plumas356,362647,200
Riverside477,250647,200
Sacramento598,000675,050
San Benito822,375970,800
San Bernardino477,250647,200
San Diego753,250879,750
San Francisco822,375970,800
San Joaquin483,000647,200
San Luis Obispo701,500805,000
San Mateo822,375970,800
Santa Barbara660,100783,150
Santa Clara822,375970,800
Santa Cruz822,375970,800
Shasta356,362647,200
Sierra356,362647,200
Siskiyou356,362647,200
Solano550,850647,200
Sonoma707,250764,750
Stanislaus396,750647,200
Sutter373,750647,200
Tehama356,362647,200
Trinity356,362647,200
Tulare356,362647,200
Tuolumne356,362647,200
Ventura739,450851,000
Yolo765,550675,050
Yuba373,750647,200

 

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