NOW OPEN FOR BUSINESS: FHA Conforming Loan Amount Limit Increase
People, you heard it here first, okay maybe second, or third, but you heard it here nonetheless. As of now, you should be marketing to all of the old leads in your database so you can capture business that you missed out on in the past. There are strategies to make you successful doing this, they are called Best Practices, and we would like to share them with you.
I like to call times like this “Found Money” times. There is found money sitting in the lead manager of every mortgage company out there, no matter what kind of system you use. Whether there is a stack of old leads piled up in a filing cabinet, or whether you are using the best and most sophisticated lead management system on the market, if you play your cards right, you will come out with a BIG W.
Below is a table of new FHA limits. Take a look at it, then get to work. If you need help, just ask.
| County | Median Home Price | New FHA Limit |
| Alameda County | $995,000 | $729,750 |
| Alpine County | $438,000 | $547,500 |
| Amador County | $355,000 | $443,750 |
| Butte County | $320,000 | $400,000 |
| Calaveras County | $370,000 | $462,500 |
| Colusa County | $318,000 | $397,500 |
| Contra Costa County | $995,000 | $729,750 |
| Del Norte County | $249,000 | $311,250 |
| El Dorado County | $464,000 | $580,000 |
| Fresno County | $305,000 | $381,250 |
| Glenn County | $230,000 | $287,500 |
| Humboldt County | $315,000 | $393,750 |
| Imperial County | $260,000 | $325,000 |
| Inyo County | $350,000 | $437,500 |
| Kern County | $295,000 | $368,750 |
| Kings County | $260,000 | $325,000 |
| Lake County | $321,000 | $401,250 |
| Lassen County | $200,000 | $271,050 |
| Los Angeles County | $710,000 | $729,750 |
| Madera County | $340,000 | $425,000 |
| Marin County | $995,000 | $729,750 |
| Mariposa County | $330,000 | $412,500 |
| Mendocino County | $410,000 | $512,500 |
| Merced County | $378,000 | $472,500 |
| Modoc County | $125,000 | $271,050 |
| Mono County | $370,000 | $462,500 |
| Monterey County | $599,000 | $729,750 |
| Napa County | $615,000 | $729,750 |
| Nevada County | $450,000 | $562,500 |
| Orange County | $710,000 | $729,750 |
| Placer County | $464,000 | $580,000 |
| Plumas County | $328,000 | $410,000 |
| Riverside County | $400,000 | $500,000 |
| Sacramento County | $464,000 | $580,000 |
| San Benito County | $790,000 | $729,750 |
| San Bernardino County | $400,000 | $500,000 |
| San Diego County | $558,000 | $697,500 |
| San Francisco County | $995,000 | $729,750 |
| San Joaquin County | $391,000 | $488,750 |
| San Luis Obispo County | $550,000 | $687,500 |
| San Mateo County | $995,000 | $729,750 |
| Santa Barbara County | $615,000 | $729,750 |
| Santa Clara County | $790,000 | $729,750 |
| Santa Cruz County | $719,000 | $729,750 |
| Shasta County | $339,000 | $423,750 |
| Sierra County | $228,000 | $285,000 |
| Siskiyou County | $235,000 | $293,750 |
| Solano County | $446,000 | $557,500 |
| Sonoma County | $530,000 | $662,500 |
| Stanislaus County | $339,000 | $423,750 |
| Sutter County | $340,000 | $425,000 |
| Tehama County | $250,000 | $312,500 |
| Trinity County | $200,000 | 271050 |
| Tulare County | $260,000 | $325,000 |
| Tuolumne County | $350,000 | $437,500 |
| Ventura County | $599,000 | $729,750 |
| Yolo County | $464,000 | $580,000 |
| Yuba County | $340,000 | $425,000 |
