FHA Jumbo Loans - Available up to $729,750 in high cost markets
The Stimulus bill of 2008 enhanced FHA Loans to be able to accomodate more Homebuyers and also allow more Home Owners to Refinance. FHA Loans are available in High Cost Markets up to $729,750, and allow you to purchase a home with as little as 3.5% downpayment, or refinance with 2.25% equity (97.75% LTV).
Areas in Los Angeles, San Francisco, Alameda, Contra Costa, San Mateo, much of the Bay Area, Monterey, San Benito, Santa Barbara, Orange County, Ventura County, etc are eligible up to the full $729,750. San Diego is eligible for FHA Jumbo Financing up to $697,500, and the Seattle are up to $567,500.
FHA Jumbo Loans offer many benefits:
- Low downpayment requirement - 3.5%
- More flexible credit guielines than conventional loans
- Allow you to combine a first and second mortgage into one FHA Jumbo with no penalties for cash out
- Higher loan amounts - up to $729,750
- Affordable Mortgage Insurance (vs private mortgage insurance)
- Refinance options that Conventional loans do not offer (such as very low equity)
2011 FHA Loan limits for California
2011 FHA Loan limits for Washington
We serve the Following areas of California (just to name a few)
661 Arvin, Bakersfield, California Hot Springs, Castaic, Cuyama, Delano, Earlimart, Frazier Park, Gorman, Lancaster, northern Los Angeles County, McFarland, McKittrick, Mojave, Newhall, Oildale, Palmdale, Rosamond, Santa Clarita, Shafter, Taft, Tehachapi, Valyermo, Wasco
707 Annapolis, Arcata, Asti, Benicia, Bodega Bay, Boyes Hot Springs, Calistoga, Clearlake, Cotati, Crescent City, Dixon, Eureka, Fairfield, Ferndale, Fort Bragg, Geyserville, Gualala, Guerneville, Healdsburg, Hopland, Lakeport, Middletown, Napa, Orick, Petaluma, Petrolia, Rohnert Park, St. Helena, Santa Rosa, Sonoma, Suisun City, Tomales, Ukiah, Vacaville, Vallejo, Willits, Yorkville, Yountville, Wine Country,north coast
714 South Coast, Orange County, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Fountain Valley, Fullerton, Huntington Beach, La Palma, Orange, Placentia, Santa Ana, Silverado, Stanton, Villa Park, Westminster, Yorba Linda
760 Adelanto, Apple Valley, Barstow, Bishop, Blythe, Borrego, Brawley, Bridgeport, Calexico, California City, Carlsbad, Cathedral City, China Lake, Coachella, El Centro, Encinitas, Escondido, Fairview, Fallbrook, Ft. Irwin, Hesperia, Indio, Inyokern, Julian, La Quinta, Lake Isabella, Lee Vining, Mammoth Lake, Mono Lake, Mt. Palomar, Needles, Oceanside, Onyx, Pala, Palm Springs, Pauma Valley, Pendleton, Phelan, Pinon Hills, Ramona, Ridgecrest, San Marcos, Twentynine Palms, Victorville, Valley Center, Vista, Warner Springs, Winterhaven, Wrightwood, Yucca Valley; Death Valley,San diego
805 Arroyo Grande, Atascadero, Bradley, Camarillo, Cambria, Cape San Martin, Cholame, Fillmore, Goleta, Grover Beach, Guadalupe, Lompoc, Los Osos, Moorpark, Morro Bay, Ojai, Oxnard, Paso Robles, Pismo Beach, Point Mugu, San Luis Obispo, San Simeon, Santa Barbara, Santa Maria, Simi Valley, Thousand Oaks, Ventura
818 Agoura, Arleta, Burbank, Calabasas, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, La Canada, La Crescenta, Mission Hills, Montrose, North Hollywood, Northridge, Pacoima, Reseda, San Fernando, Sepulveda, Sherman Oaks, Studio City, Sun Valley, Sylmar, Tarzana, Van Nuys, Woodland Hills,San Fernando Valley, 818
831 Aptos, Ben Lomond, Big Basin, Big Sur, Boulder Creek, Bryson, Carmel, Castroville, Greenfield, Hollister, King City, Marina, Monterey, Pebble Beach, Salinas, San Ardo, San Juan Bautista, Santa Cruz, Scotts Valley, Seaside, Soledad, Watsonville
858 Del Mar, La Jolla, Poway, Rancho Bernardo, Rancho Santa Fe, Solana Beach,San Diego,
909 Anza, Banning, Beaumont, Big Bear Lake, Calimesa, Canyon Lake, Chino, Chino Hills, Claremont, Colton, Corona, Crestline, Devore, Diamond Bar, Fontana, Hemet, Highland, Idyllwild, La Verne, Lake Elsinore, Lakeland Village, Mira Loma, Montclair, Moreno Valley, Murietta, Norco, Ontario, Perris, Pomona, Rancho Cucamonga, Redlands, Rialto, Riverside, Rowland Heights, San Bernardino, San Dimas, San Jacinto, Sun City, Temecula, Upland, Valle Vista, Walnut, Yucaipa,Riverside, 916 El Dorado Hills, Fair Oaks, Lincoln, Roseville, Sacramento, Walnut Grove, West Sacramento
925 Antioch, Concord, Danville, Livermore, Martinez, Moraga, Orinda, Pittsburg, Pleasanton, San Ramon, Walnut Creek, inland, East Bay, 925, Dublin, San Ramon, Livermore, and Pleasanton
949 southern Orange County: Aliso Viejo, Corona del Mar,Costa Mesa, El Toro, Irvine, Laguna Beach, Laguna Niguel, Mission Viejo, Newport Beach, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Tustin
310 408 415, 510, 650, 714, 909, 310, 619, 707, 760, 442, 818, 909, 951,
