Tucson, Arizona
Tucson Arizona Jumbo Loan Limits 2016
In Tucson, if you are interested in borrowing more than the conforming loan limits set by the county you live in, it is considered a jumbo loan. Jumbo loans typically will go up to $2 million and generally speaking for most lenders, any loan that is higher than $2 million is considered a super jumbo loan.
When it comes to financing jumbo loans in the Tucson area, you can group your options into 2 groups: FHA jumbo loans or jumbo loans that are provided by banks who offer jumbo loans. FHA jumbo loans are backed by HUD and private jumbo loans are available through a number of private lenders who each have different requirements when it comes to LTV, debt to income ratios, credit scores and down payments.
Tucson Jumbo / Conforming Loan Limits 2016
| County Name | MSA Name |
Single
|
Duplex | Triplex | Fourplex |
| COCHISE, AZ | SIERRA VISTA-DOUGLAS, AZ (MICRO) | $417,000 | $533,850 | $645,300 | $801,950 |
| GRAHAM, AZ | SAFFORD, AZ (MICRO) | $417,000 | $533,850 | $645,300 | $801,950 |
| GREENLEE, AZ | SAFFORD, AZ (MICRO) | $417,000 | $533,850 | $645,300 | $801,950 |
| PIMA, AZ | TUCSON, AZ (MSA) | $417,000 | $533,850 | $645,300 | $801,950 |
| PINAL, AZ | PHOENIX-MESA-SCOTTSDALE, AZ (MSA) | $417,000 | $533,850 | $645,300 | $801,950 |
| SANTA CRUZ, AZ | NOGALES, AZ (MICRO) | $417,000 | $533,850 | $645,300 | $801,950 |
| YUMA, AZ | YUMA, AZ (MSA) | $417,000 | $533,850 | $645,300 | $801,950 |
So if you live in the Tucson metro area or anywhere else that is close to the Tucson metro area and are looking for jumbo loan financing, be sure that you know what the conforming loan limit for your county is.
And be sure to speak with one of the jumbo loan experts who can help you get your Tucson FHA jumbo loan closed in ten days!
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