New FHA Loan Limits for 2009

New Loan Limits for FHA loans made in 2009 have been released. The Base FHA Loan Limit remains at $271,050 accross much of the USA. The new Maximum limit for higher cost areas is now $625,500, with many counties accross America falling somewhere inbetween.

Here are some highlights of the new loan limits:
Bellevue, WA $506,000
Carlsbad, CA $546,250
Chula Vista, CA $546,250
Escondido, CA $546,250
Everett, WA $506,000
Greene County, GA $515,200
Key West, FL $529,000
Kirkland, WA $506,000
Long Beach, CA $625,500
Los Angeles, CA $625,500
Lynnwood, WA $506,000
Mono County, CA $529,000
Napa, CA $592,250
Naples, FL $448,500
Oakland, CA $625,500
Oceanside, CA $546,250
Orange County, CA $625,500
Petaluma, CA $520,950
Pierce County, WA $506,000
Riverside, CA $417,000
Sacramento, CA $474,950
Salinas, CA $483,000
San Diego, CA $546,250
San Francisco, CA $625,500
San Jose, CA $625,500
San Juan County, WA $483,000
San Luis Obispo, CA $561,200
San Marcos, CA $546,250
Santa Barbara, CA $603,750
Santa Cruz, CA $625,500
Santa Rosa, CA $520,950
Seattle, WA $506,000
Snohomish County, WA $506,000
Tacoma, WA $506,000
Truckee, CA $477,250
Ventura, CA $598,000

Don't see your city or county listed? Click here for PDF list of all counties.

VanDyk Mortgage is a FHA Direct Lender serving clients for over 22 years. The new loan limits are available for our VanDyk Rehab Express loans and FHA Secure loans as well.

We can help you get the home of your dreams with a Safe, Secure, Affordable FHA loan. Call us at 866-900-2342 toll free to get details and achieve your dream of owning a beautiful new home. VanDyk Mortgage is a Full Eagle Direct Endorsement FHA Direct Lender. We have over 22 years in business Lending FHA loans direct to consumers. Call the experts.

We serve the following areas for FHA and Conventional loans: California, San Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana, Seattle, Washington, Bellevue, Kirkland, Redmond, Lynnwood, Olympia, Tacoma, Puyallup, Buckley, Auburn, Kent, Federal Way, Seatac, San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Compton, Lynwood, Bellflower, Temecula, Murrieta, Southern California, Northern California, Washington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County.

HUD changes ease purchasing distressed homes using FHA Financing

HUD has recently made changes allowing homeowners to qualify for FHA loans when buying homes that have been foreclosed, returned to lender (deed in lieu of foreclosure), AKA REO properties. REO stands for Real Estate Owned, which is essentially Bank Owned Repos.

Outdated regulations from HUD to prohibit property flipping and false price appreciation made it difficult for banks to sell recently foreclosed properties due to a HUD rule which prohibited the use of a FHA loan to purchase a home that had not been owned by the seller for atleast 90 days.

This has now been lifted until June 2009. This will allow homeowners to qualify for FHA loans to purchase the numerous bargain priced REO or Bank Owned properties coming to market.

We can help you get the home of your dreams with a Safe, Secure, Affordable FHA loan. Call us at 866-900-2342 toll free to get details and achieve your dream of owning a beautiful new home.

VanDyk Mortgage is a Full Eagle Direct Endorsement FHA Direct Lender. We have over 20 years in business Lending FHA loans direct to consumers. Call the experts.


We serve the following areas for FHA and Conventional loans: California, San Diego, San Marcos, Carlsbad, Oceanside, Vista, Escondido, Fallbrook, Bonsall, Riverside, Los Angeles, Orange County, Irvine, Corona, Anaheim, Santa Ana, Seattle, Washington, Bellevue, Kirkland, Redmond, Lynnwood, Olympia, Tacoma, Puyallup, Buckley, Auburn, Kent, Federal Way, Seatac, San Francisco, San Jose, Carson, Gardena, Hawthorne, Lawndale, Inglewood, Ladera Heights, View Park, Windsor Hills, Baldwin Hills, Fox Hills, Culver City, Beverly Hills, Malibu, Santa Monica, Brentwood, Calabasas, Encino, Bel Air Estates, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, San Marcos, San Diego, Rancho Bernardo, Carlsbad, Escondido, Poway, Oceanside, Vista, Encinitas, Carmel Valley, Scripps, Tierra Santa, El Cajon, La Jolla, Chula Vista, National City, San Ysidro, Santee, Eastlake, Ramona, Long Beach, Artesia, La Palma, Cerritos, Compton, Lynwood, Bellflower, Temecula, Murrieta, Southern California, Washington, Everett, Lynnwood, Tacoma, Kent, Federal Way, Auburn, Renton, Bellevue, Redmond, Kirkland, Whittier, Santa Fe Springs, Downey, Irvine, Newport Beach, Los Angeles, San Bernardino, Riverside and Orange County.

Quick primer on new California FHA loan limits

The mortgage limits set by HUD for FHA loans (Federal Housing Administration) for California counties were raised in March. The new limits are set relative to the median price of homes in each county. The bad news: the new limits will only be effective until the end of 2008.
San Diego’s limit has been raised to $697,500 from just over $362,000, while Orange County and Los Angeles county are both at the max of $729,750 now. This change comes as part of the effort to support the origination of larger mortgages, which should lead to lower interest rates. Many Jumbo loan holders or home buyers have been hesitant to finance given the high rates that Jumbo loans have experienced the past few months.

FHA Mortgage Limits in California by County

Alameda County
Median home price $995,000
new FHA Limit $729,750

Alpine County
Median home price $438,000
new FHA Limit $547,500

Amador County
Median home price $355,000
new FHA Limit $443,750

Butte County
Median home price $320,000
new FHA Limit $400,000

Calaveras County
Median home price $370,000
new FHA Limit $462,500

Colusa County
Median home price $318,000
new FHA Limit $397,500

Contra Costa County
Median home price $995,000
new FHA Limit $729,750

Del Norte County
Median home price $249,000
new FHA Limit $311,250

El Dorado County
Median home price $464,000
new FHA Limit $580,000

Fresno County
Median home price $305,000
new FHA Limit $381,250

Glenn County
Median home price $230,000
new FHA Limit $287,500

Humboldt County
Median home price $315,000
new FHA Limit $393,750

Imperial County
Median home price $260,000
new FHA Limit $325,000

Inyo County
Median home price $350,000
new FHA Limit $437,500

Kern County
Median home price $295,000
new FHA Limit $368,750

Kings County
Median home price $260,000
new FHA Limit $325,000

Lake County
Median home price $321,000
new FHA Limit $401,250

Lassen County
Median home price $200,000
new FHA Limit $271,050

Los Angeles County
Median home price $710,000
new FHA Limit $729,750

Madera County
Median home price $340,000
new FHA Limit $425,000

Marin County
Median home price $995,000
new FHA Limit $729,750

Mariposa County
Median home price $330,000
new FHA Limit $412,500

Mendocino County
Median home price $410,000
new FHA Limit $512,500

Merced County
Median home price $378,000
new FHA Limit $472,500

Modoc County
Median home price $125,000
new FHA Limit $271,050

Mono County
Median home price $370,000
new FHA Limit $462,500

Monterey County
Median home price $599,000
new FHA Limit $729,750

Napa County
Median home price $615,000
new FHA Limit $729,750

Nevada County
Median home price $450,000
new FHA Limit $562,500

Orange County
Median home price $710,000
new FHA Limit $729,750

Placer County
Median home price $464,000
new FHA Limit $580,000

Plumas County
Median home price $328,000
new FHA Limit $410,000

Riverside County
Median home price $400,000
new FHA Limit $500,000

Sacramento County
Median home price $464,000
new FHA Limit $580,000

San Benito County
Median home price $790,000
new FHA Limit $729,750

San Bernardino County
Median home price $400,000
new FHA Limit $500,000

San Diego County
Median home price $558,000
new FHA Limit $697,500

San Francisco County
Median home price $995,000
new FHA Limit $729,750

San Joaquin County
Median home price $391,000
new FHA Limit $488,750

San Luis Obispo County
Median home price $550,000
new FHA Limit $687,500

San Mateo County
Median home price $995,000
new FHA Limit $729,750

Santa Barbara County
Median home price $615,000
new FHA Limit $729,750

Santa Clara County
Median home price $790,000
new FHA Limit $72,9750

Santa Cruz County
Median home price $719,000
new FHA Limit $729,750

Shasta County
Median home price $339,000
new FHA Limit $423,750

Sierra County
Median home price $228,000
new FHA Limit $285,000

Siskiyou County
Median home price $235,000
new FHA Limit $293,750

Solano County
Median home price $446,000
new FHA Limit $557,500

Sonoma County
Median home price $530,000
new FHA Limit $662,500

Stanislaus County
Median home price $339,000
new FHA Limit $423,750

Sutter County
Median home price $340,000
new FHA Limit $425,000

Tehama County
Median home price $250,000
new FHA Limit $312,500

Trinity County
Median home price $200,000
new FHA Limit $271,050

Tulare County
Median home price $260,000
new FHA Limit $325,000

Tuolumne County
Median home price $350,000
new FHA Limit $437,500

Ventura County
Median home price $599,000
new FHA Limit $729,750

Yolo County
Median home price $464,000
new FHA Limit $580,000

Yuba County
Median home price $340,000
new FHA Limit $425,000