We are happy to announce that in anticipation of the new Conforming loan amount increases for 2025, we will now be accepting conventional loans up to $802,650!
Why does this matter?
Currently, the conforming loan limit is $766,550. If you are looking to obtain a mortgage higher than that limit, you would either need a High-Balance loan or a Jumbo loan (depending on the county where the property is located). Which can mean a higher interest rate and/or more stringent underwriting requirements. We will be releasing new High Balance and Jumbo loan limit changes in the near future.
For a full breakdown of the updated loan limits for 1-4 units, see the table below.
| # of Units | Conforming Loan Limit |
| 1 | $802,650 |
| 2 | $1,027,750 |
| 3 | $1,242,250 |
| 4 | $1,543,900 |
If you are looking to take advantage of this increased loan limit, feel free to contact our office to speak with one of our Mortgage Loan Originators at (760) 930-0569.
