Blue Blueberries Food Fact Facebook Post
The Federal Housing Finance Agency recently announced the new 2021 baseline conforming loan limit is $548,250 for the Federal Home Loan Mortgage Corporation & the Federal National Mortgage Association. This new limit represents a 7.5% increase from the previous 2020 limit of $510,400.

In areas considered high-cost the maximum loan limit is higher than this baseline amount. Santa Barbara County conforming high balance loan limits are up to $660,100 while in Los Angeles County and San Francisco County these limits are up to $822,375. These limits are available right now meaning you can get these loan amounts at rates in the mid 2% range today.

Call or email me to see how you can take advantage of these higher loan limits or for a referral to a trusted real estate partner to talk about buying or selling.