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News & Press: Industry News

Loan Limits Increased for 2018

Tuesday, December 19, 2017  
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On November 28, the FHFA announced that it will raise the maximum conforming loan limits for mortgages purchased in 2018 by Fannie Mae and Freddie Mac. The baseline limits are increasing from $424,100 to $453,100. The announcement marks the second time FHFA has increased the baseline loan limit since 2006. In high-cost areas the loan limits are higher than the baseline limit. And in the highest cost areas such as Los Angeles, New York, San Francisco, and Washington, D.C., the maximum loan limit will be $679,650. That maximum loan limit applies to ten California counties, including:

1. Contra Costa County
2. Los Angeles County
3. Marin County
4. Napa County
5. Orange County
6. San Benito County
7. San Francisco County
8. San Mateo County
9. Santa Clara County
10. Santa Cruz County

For a county-specific list of the maximum loan limits in the U.S., click here.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851