2015 Conforming Loan Limits Increased for San Diego County

There’s some good news in store for San Diego County’s current & future homeowners. The Federal Housing Finance Agency (FHFA) has just announced the maximum conforming loan limits for home loans underwritten to Fannie Mae & Freddie Mac guidelines for next year, and San Diego County is among the 46 counties across the country that will receive an increase in loan limits in 2015.

As of January 2015, the maximum conforming loan limit for San Diego County will increase from $546,250 to $562,350, a gain of $16,100. This increase means a buyer can soon purchase an owner- occupied property with just 10% down up to a purchase price of $624,775. Homeowners looking to refinance will also benefit from this increase.

Testimonials

“Chad and his team were fantastic. They were incredibly responsive to us and our needs. Chad laid out several refinance options for us, and was very supportive when we decided on the option we felt was best for our family. Chad and his team worked our deal and got our mortgage funded incredibly fast, with excellent service and even took the time to thank us personally once we funded. I can’t recommend Chad enough!”

Chad was very personable. His staff was very suportive.
I had the pleasure of working with Chads team. Everything went as planned. I was very pleased. I still want to take them to dinner. I am completely enjoying my new home”

Excellent service!. Recently purchased a property in Northern San Diego County. Chad and his team were recommended to me to check out. The rate he acquired was a full point & a half better than the Broker I have been using for years. His team was exceptional and did great follow through. Definitely 5 star service!”

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I hope you enjoyed reading this article. It's my goal to keep you updated with the latest real estate mortgage news. I'm proud to provide you with 100% original and unique content. Subscribe now to get high quality real estate mortgage content and articles delivered directly to your inbox. Chad Baker is Regional Manager for LendUS. Chad is consistently recognized in the top 1% of mortgage originators in the United States 2011-2017. Got a question for Chad? Call (858) 353-8331 or submit your question online