David Chamberlain,
Just Looking, Saint Petersburg, FL
Here is the info direct from fannie mae: http://www.fanniemae.com/aboutfm/loanlimits.jhtml
Web Reference: http://www.floridadreamloans.com
Mark & Kari Shea - Shea Real Estate,
Broker, San Diego County, CA
Thanks to Micheal as I misunderstood part of the question.
Rob, there is a Carmel Valley in SD as well, though yours has much better views :-)
Mark & Kari
Rob, there is a Carmel Valley in SD as well, though yours has much better views :-)
Mark & Kari
Rob Spinosa,
Mortgage Broker or Lender, Mill Valley, CA
Sadrudin,
There may be some confusion here because Carmel Valley, CA is actually located in Monterey County, which, as of May 1, will have a hi-cost conforming limit of $729,750. San Diego, come May 1, will have a hi-cost limit of $697,500, as the others have stated below.
Let me know if you have further questions or would like to inquire about home financing through Mortgage Master, Inc.
Thank you,
Rob Spinosa
rspinosa@mortgagemasterinc.com
There may be some confusion here because Carmel Valley, CA is actually located in Monterey County, which, as of May 1, will have a hi-cost conforming limit of $729,750. San Diego, come May 1, will have a hi-cost limit of $697,500, as the others have stated below.
Let me know if you have further questions or would like to inquire about home financing through Mortgage Master, Inc.
Thank you,
Rob Spinosa
rspinosa@mortgagemasterinc.com
Michael Callan,
Real Estate Pro, San Diego, CA
All of San Diego county is currently $697,500 to be a conforming jumbo. It can be as high as $729,500 (the national limit) but based upon the county's medium resale price it is $697,500.
Mark & Kari Shea - Shea Real Estate,
Broker, San Diego County, CA
Hello Sadrudin,
The conforming loan limit in California is $417,000. As for a jumbo loan, there is no limit on the upper end. However, your down payment requirement will increase as your loan amout increases.
The very best thing you can do is contact a national lender (Countrywide, B of A, etc) to get their requirements.
We hope this helps.
Best regards,
Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate
The conforming loan limit in California is $417,000. As for a jumbo loan, there is no limit on the upper end. However, your down payment requirement will increase as your loan amout increases.
The very best thing you can do is contact a national lender (Countrywide, B of A, etc) to get their requirements.
We hope this helps.
Best regards,
Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate
Web Reference: http://www.shea-realestate.com/
Jeffrey Douglass,
Broker, San Diego, CA
$697,500 for San Diego County.
Web Reference: http://www.sandiegolifestyle.info/2009/02/2009-conformi...
