California Mortgage Conforming Loan Limits


The first mortgage conforming loan limit stays at $417,000 again for 2010.  It has been a few years since this has increased.  A loan below this amount and has underwriting criteria that “conform” to Fannie Mae and Freddie Mac guidelines will get the best rate.

The Housing and Economic Recovery Act of 2008 changed Fannie Mae’s charter to expand the definition of a “conforming” loan.  Effective with the November 2008 release of the conforming loan limits, two sets of limits are provided for first mortgages: 1) general conforming loan limits, and 2) high-cost area conforming loan limits.

To implement the expansion to serve high-cost areas, Fannie Mae is introducing the high-balance loan feature and broadly integrating high-balance loans into its standard conforming business.  However, rates are a bit higher for these “conforming jumbo loans,” but they are much lower than non-conforming jumbo loans.


GeneralHigh Cost*Sonoma County
One-family maximum $417,000 $729,750 $662,500
Two-family (or duplex) maximum $533,850$934,200$848,100
Three-family (or triplex) maximum$645,300 $1,129,250$1,025,200
Four-family (or quadplex) maximum$801,950 $1,403,400$1,274,050

*High-Cost area loan limits vary by geographic area.We have listed Sonoma County for your convenience. Call us to find out the High-Cost loan limits in your county.

Conforming mortgage loans are mortgages that “conform” to the loan sizes that may be purchased by FNMA or FHLMC.  Mortgages that exceed this limit are called “Jumbo” loans or mortgages and are sold as “Securities” on the secondary market.

Contact Ryan Mortgage Company and we will provide a Good Faith Estimate and answer any questions you have regarding this article.  Call now at (707) 526-2626.