San Fransisco County Conforming Loan Limits in 2024

Learn All About the 2024 San Fransisco Conforming Loan Limits for Various Property Types. Call Sammamish Mortgage Today for a Personalized Quote!

  • Conforming Loan Limit
    $
  • FHA Loan Limit
    $
  • VA Loan Limit
San Fransisco Conforming Loan Limits in 2024

2024 | San Fransisco County | 1-Unit (Single Family)

* The Blue Water Navy Vietnam Veterans Act of 2019 repealed VA loan limits starting January 1, 2020. Lenders may impose their own limits, however. Ask your lender about their maximum VA loan amount before applying.
View limits for

This page includes the 2024 conforming loan limits for Bay area, with some additional commentary about how and why these caps are set. Home loans that exceed the maximum amounts shown below are considered “jumbo” mortgages.

At a glance: The current single-family conforming loan limit for most counties in Bay area is $1,149,825 in 2024.

2024 Conforming Loan Limits for Bay area

The table below shows conforming loan limits for Bay area, and for all four property types. Note: a “1-unit” property is a single-family home with one resident. The “2-unit” column applies to duplex-style properties with two separate residents, and so on. If you’re buying a single-family home or condo in Bay area, refer to the “1-unit” conforming loan limit column.

County Name1 Unit2 Units3 Units4 Units
ALAMEDA$1,149,825$1,472,250$1,779,525$2,211,600
CONTRA COSTA$1,149,825$1,472,250$1,779,525$2,211,600
MARIN$1,149,825$1,472,250$1,779,525$2,211,600
NAPA$1,017,750$1,302,900$1,574,900$1,957,250
SAN FRANCISCO$1,149,825$1,472,250$1,779,525$2,211,600
SAN MATEO$1,149,825$1,472,250$1,779,525$2,211,600
SANTA CLARA$1,149,825$1,472,250$1,779,525$2,211,600
SOLANO$766,550$981,500$1,186,350$1,474,400
SONOMA$877,450$1,123,300$1,357,800$1,687,450

How These Limits Are Set

Bay area conforming loan limits are determined by the Federal Housing Finance Agency (FHFA). The Housing and Economic Recovery Act of 2008 (HERA) requires the FHFA to monitor and track average home prices in the U.S., and to annually adjust the baseline jumbo loan limit as needed to reflect changes in national home values.

In other words, if prices go up considerably in a certain county, FHFA may increase the corresponding loan limits to keep pace with rising home values. That’s what happened from 2022 to 2023. Conforming limits are usually set at 115% of the median home price for each area, though they can exceed this level in some high-cost areas.

The 2024 conforming limit for most counties in Bay area is $1,149,825.

In recent years, FHFA has used the median home values estimated by the Federal Housing Administration (FHA), which is part of HUD. So there are several federal housing agencies involved in determining loan limits.

Check out our mortgage loan limit tool for conventional, FHA, and VA loans.

View Bay Area Mortgage Rates

Why They Were Increased for 2024

We predicted that federal housing officials would increase the Seattle jumbo loan threshold in response to significant home-price gains that occurred during the year. That prediction turned out to be accurate. In fact, the FHFA raised limits across most of the country.

So, the vast majority of counties across the U.S. will see higher caps in 2024, compared to 2023. Home prices nationally rose by an average of around 2% during 2023. In Bay area, the median house value decrease by 2.7%.

Get an Instant Mortgage Rate Quote Today

Have Questions About Mortgages in Bay area?

If you’re wondering about the eligibility requirements to get a home loan in Bay area, we can help. Sammamish Mortgage offers a variety of mortgage programs for home buyers and homeowners in Bay area, including FHA, VA and conventional, and have been in the business since 1992. We can answer any questions you have about qualifying for a mortgage. We can also give you a rate quote based on the type of loan you need. Call us today to get the process started!

Connect with a Mortgage Advisor Today!

Whether you’re buying a home or ready to refinance, our professionals can help.

Compare Mortgage Rates in Your Area Instantly

No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.

Subscribe to our newsletter