What is a jumbo loan in california?

California jumbo and FHA loan limits by county. Related Links: 5 possible snags when you marry someone with a reverse mortgage loan. 5 mortgages that require no down payment or a small down payment. read more

View the current FHA and jumbo loan limits for all counties in California. Each California county jumbo mortgage loan limit is displayed. read more

Certain home loans are secured by government-sponsored entities if they conform to loan limits, but higher loan amounts are called jumbo loans and are not secured. A few counties in California have higher jumbo loan limits than others due to the high cost of the average homes in certain areas. read more

In the more affordable counties across the state, a jumbo mortgage is one that exceeds the conforming limit of $424,100. In the more expensive markets like the Bay Area and Los Angeles, a jumbo loan is anything over $636,150. And there’s a broad spectrum in between. read more