Madera
Jumbo Loan Limits in Madera County California in 2016
It is irrelevant where you buy a home in Madera County, any loan that is greater than the conforming loan limit is called a jumbo loan. In cases where a loan is greater than $2 million, then it is called a “super jumbo loan”. In Madera County, lenders are at the moment providing both jumbo and super jumbo loans on the condition that the borrower has good credit scores, steady income, and assets.
Jumbo loans are in most cases provided by private banks or credit unions and each lending agency has distinctive wants for what it requires to get a jumbo loan.
For 2016 the Madera County conforming loan limit is 425,000 and it is also the FHA jumbo loan limit for Madera County.
California Conforming / Jumbo Loan Limits 2016 by County:
County | Median price | FHA limit | Conforming loan limit |
Alameda County | $995,000 | $729,750 | $729,750 |
Alpine County | $438,000 | $547,500 | $547,500 |
Amador County | $355,000 | $443,750 | $443,750 |
Butte County | $320,000 | $400,000 | $417,000 |
Calaveras County | $370,000 | $462,500 | $462,500 |
Colusa County | $318,000 | $397,500 | $417,000 |
Contra Costa County | $995,000 | $729,750 | $729,750 |
Del Norte County | $249,000 | $311,250 | $417,000 |
El Dorado County | $464,000 | $580,000 | $580,000 |
Fresno County | $305,000 | $381,250 | $417,000 |
Glenn County | $230,000 | $287,500 | $417,000 |
Humboldt County | $315,000 | $393,750 | $417,000 |
Imperial County | $260,000 | $325,000 | $417,000 |
Inyo County | $350,000 | $437,500 | $437,500 |
Kern County | $295,000 | $368,750 | $417,000 |
Kings County | $260,000 | $325,000 | $417,000 |
Lake County | $321,000 | $401,250 | $417,000 |
Lassen County | $200,000 | $271,050 | $417,000 |
Los Angeles County | $710,000 | $729,750 | $729,750 |
Madera County | $340,000 | $425,000 | $425,000 |
Marin County | $995,000 |