Conforming Loan Limits

27Jul2013
Author:
Scott Sheldon
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The Conforming Loan Limits are the maximum loan amounts to obtain Fannie Mae/Freddie Mac mortgage loan financing. Each county per state nationwide has a set loan limit in amount eligibility for the most competitive mortgage rates and terms.

For California Single Family Residences…

The Conforming Loan Limit is set at $417,000 for obtaining a Conventional Loan on primary, second home or investment property.

The Conforming High Balance Loan varies by county with a max loan of $625,500 for primary, second homes or investment property type financing.

North Bay Conforming Loan Limits By County

Sonoma County 

Maximum Conforming High Balance Loan Limit- $520,950

Napa County

Maximum Conforming High Balance Loan Limit-$520,950

Marin County

Maximum Conforming High Balance Loan Limit-$625,500

San Francisco County

Maximum Conforming High Balance Loan Limit-$625,500

 

Is Your Property 2-4 Units? Don’t see your county conforming limits listed? Contact scott [Email address: scott@sonomacountymortgages.comscott #AT# sonomacountymortgages.com - replace #AT# with @ ] today!

More Articles On Conforming Loans

Conforming Vs.Conventional Loans

Conforming Mortgage Types
Higher Rates For Conforming High Balance Mortgages