HUD is expected to raise the limits in other counties nationwide in the coming days.
In California, the counties at the maximum level for FHA loans are Alameda, Contra Costa, Los Angeles, Marin, Monterey, Napa, Orange, San Benito, San Francisco, San Mateo, Santa Barbara, Santa Clara, Santa Cruz and Ventura. At the other end, Lassen, Modoc and Trinity counties are subject to a loan cap of $271,050 - which is the lowest possible amount for an FHA-backed loan under the new law.
HUD Secretary Alphonso Jackson made his announcement in Los Angeles.
FHA California Mortgage Limits
U.S. Dept. of Housing and Urban Development
