Conforming and FHA Loan Limits are higher for multiple units. Many people forget this and assume they need to obtain harder to qualify for JUMBO financing for any loan over $625,500. This is not the case.
2014 Conforming and FHA High Balance Loan Limits for High Cost Counties (Bay Area):
One Unit: $625,500
Two Units: $800,775
Three Units: $967,950
Four Units: $1,202,925
NOTE: A $1.25 Million Owner Occupied Fourplex could be purchased with only 3.5% down with FHA financing.
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