CA FHA Conforming / Jumbo Loan Limits Restored for 2012 – 2013
Congress agreed to restore the 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. Loan amounts between $417,000 and $729,750 are often referred to as high balance or jumbo conforming loans.
Who will benefit most from the restored jumbo/conforming FHA loan limits in California?
1) Home buyers who don’t have a 10% or 20% down payment in high cost areas such as Los Angeles County. Now there is access to low interest rates and affordable 3.5% low down payment financing.
2) 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.
| 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 | ||
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