Rates Up; $1.2MM Conforming or FHA Loan? Limits Are HIGHER for Units

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.

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646