2021 California Conforming and FHA County Loan Limits

California’s 2021 conforming county loan limits for FHA, VA, Conventional and Jumbo loans

California’s 2021 Conventional Conforming County Loan Limit

For 2021, the FHFA (Federal Housing Finance Administration) set the baseline conforming loan limit for 1 unit properties at $548,250 for Conventional financing (Fannie Mae & Freddie Mac) and up to $822,375 on high cost counties California.

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 $548,250 and $822,375 are referred to agency ‘High Balance’ or ‘Super Conforming’ loans because they exceed the baseline limit.

You can view a map of the 2021 county loan limits here or download a PDF or Excel file here.

2021 FHA County Loan Limits in California

HUD/FHA determines their 2021 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.

The FHA’s current floor is $356,362 and the ceiling is $822,375.

FHA Jumbo loan limit – California FHA loan amounts in high-cost counties between $548,250 and $822,375 are referred to FHA jumbo loans or FHA high balance loans.

2021 VA County Loan Limits in California

Good news….VA loans in California no longer have a county loan limit for 2021!  In 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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County2021 FHA Loan Limit2021 Conventional Loan Limit
Alameda822,375822,375
Alpine463,450548,250
Amador364,550548,250
Butte356,362548,250
Calaveras373,750548,250
Colusa356,362548,250
Contra Costa822,375822,375
Del Norte356,362548,250
El Dorado598,000598,000
Fresno356,362548,250
Glenn356,362548,250
Humboldt356,362548,250
Imperial356,362548,250
Inyo373,750548,250
Kern356,362548,250
Kings356,362548,250
Lake356,362548,250
Lassen356,362548,250
Los Angeles822,375822,375
Madera356,362548,250
Marin822,375822,375
Mariposa356,362548,250
Mendocino442,750548,250
Merced356,362548,250
Modoc356,362548,250
Mono529,000548,250
Monterey739,450739,450
Napa816,500816,500
Nevada526,700548,250
Orange822,375822,375
Placer598,000598,000
Plumas356,362548,250
Riverside477,250548,250
Sacramento598,000598,000
San Benito822,375822,375
San Bernardino477,250548,250
San Diego753,250753,250
San Francisco822,375822,375
San Joaquin483,000548,250
San Luis Obispo701,500701,500
San Mateo822,375822,375
Santa Barbara660,100660,100
Santa Clara822,375822,375
Santa Cruz822,375822,375
Shasta356,362548,250
Sierra356,362548,250
Siskiyou356,362548,250
Solano550,850550,850
Sonoma707,250707,250
Stanislaus396,750548,250
Sutter373,750548,250
Tehama356,362548,250
Trinity356,362548,250
Tulare356,362548,250
Tuolumne356,362548,250
Ventura739,450739,450
Yolo765,550598,000
Yuba373,750548,250

 

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