From $417,000 to $1,403,400

What are the 2012 Loan Limits?

2012 Loan Limits in San Francisco

Curious about how big of a loan you can get to buy a home in San Francisco? The above chart will walk you through what your options are for single family homes, condos, and 2 – 4 unit buildings. Please note that the purchase of a condo home falls under the “one unit” category, regardless of the number of condo homes in the development.

As you can see for a single family home or condo, a conforming Fannie loan is $417,000 and you can go as large as a $729,750 loan through FHA. Regardless of the program (Fannie, Fannie Jumbo, or FHA) you can expect to pay for private mortgage insurance if you have less than 20% down.

Interested in a 2 – 4 unit building? Depending on the building size, you can expect to qualify for a loan of between $533,850 to $1,403,400. If you don’t have 20% down, FHA loans or portfolio lenders (not pictured) are pretty much your only financing options at the moment.

As always, if you have more questions or want details about a particular loan scenario, don’t hesitate to get in touch. We aren’t mortgage brokers or bankers, but we are more than happy to put you in touch with a top-notch San Francisco mortgage broker.