2026 Loan Limits Are Here

I hope you had a wonderful Thanksgiving weekend and welcome to December!

The Federal Housing Finance Agency (FHFA) has released the 2026 Conforming & High-Balance loan limits, and this year’s increases open the door to more purchasing power.

Below is a breakdown of what agents and buyers need to know.

2026 Conforming Loan Limits – 3% down minimum

These apply to all Counties Nationwide.

Units Loan Limit

1-Unit $832,750

2-Unit $1,065,950

3-Unit $1,288,700

4-Unit $1,601,150

2026 High-Cost Loan Limits (Maximum - Select Counties) 5% down Minimum –

These apply to Los Angeles, Orange, and San Diego.

Units Loan Limit

1-Unit $1,249,125

2-Unit $1,599,375

3-Unit $1,933,200

4-Unit $2,402,625

Santa Barbara County - High-Cost but Lower Than Max

Units Limit

1-Unit $941,850

2-Unit $1,205,750

3-Unit $1,457,450

4-Unit $1,811,300

Ventura County - High-Balance (Not Full High-Cost)

Units Limit

1-Unit $1,035,000

2-Unit $1,325,000

3-Unit $1,601,600

4-Unit $1,990,450

Riverside • San Bernardino • Kern - Baseline Counties

There are no high balance loans in the above counties

Big Opportunity: Buy a 2 - 4 Unit Property With as Little as 5% Down

Owner-occupied 2 - 4 unit properties now allow:

• Just 5% down
• Rental income to help qualify
• Seller-paid closing costs (up to 100% of buyer's costs)
• High-balance limits depending on county

A buyer can now purchase a 4-unit with low down payment and begin building long-term rental income immediately.

Other Key Highlights

3% Down Conventional up to $832,750

Buyers can purchase around $858K with minimal down.

5% Down up to County High-Balance Limits

In high-cost counties, buyers can purchase up to ~$1.3M+ with only 5% down.

Buydowns Allowed

1-0, 2-1, and 3-2-1 buydowns are available to reduce payments.

No Loan Limits on VA or Non-QM

Buyers with full VA entitlement or non-QM profiles can purchase at any price point they qualify for.

We Are Accepting Applications Today at the New 2026 Limits

These new loan limits are fully active in our pricing and underwriting systems so that buyers can take advantage of them immediately.

If you or your clients want updated payments, scenarios, or a pre-approval at the new limits:

We're ready whenever you are.

Please let me know if you have any questions or if you or any of your clients, friends, or family members need my guidance. I’m just a call, text, or email away.

📞 Direct Line: 661-291-2222 – Text OK

📞 Cell: 661-714-6258 – Text OK

📞 Office: 661-260-2970 ext. 2222 – Text OK

📧 Email: Mike@AugustaFinancial.com

But wait, there’s more…

Interest Rates

Last week was a good week for interest rates. Then came yesterday, and it took away all our winnings from Thanksgiving week. Today, we got half of it back, and if I were in Vegas, I would pocket those winnings and leave the state! The bad news is that the market will reopen tomorrow, and we will get to start all over and see where rates land!

Loan Programs

• We do loans on Non-warrantable condos!
• We offer 12-day escrows for pre-approved buyers, including conventional, FHA/Jumbo/Bridge loans.
• We provide loans in all 50 states, so call me with anything you need.
• Government loans (FHA/VA/USDA) are in the 5s.
• Conventional loans up to $806,500 are in the high 5’s and low 6s.
• High-balance loans from $806,501 to $1,209,750 are also in the 6s.
• Jumbo loans above $1,209,750 are in the 6’s.
• ARMS in the 5’s and some in the 6’s
• Bank statement loans are available with 10% down again, with larger down payments in the 6’s++.
• Profit and Loss Statement loans require 20% down - no bank statements needed, only a profit and loss statement!
• 0 down loans are available in the high 6s, with a minimum credit score of 620, up to $1,300,000.
• Private Money lenders offer Hard Money Loans with 35% down.
• No-Ratio Loans require a 30% down payment.
• DSCR (Debt Service Coverage Ratio) loans are available with as little as 15% down.
• Bridge Loans typically have an interest rate of 7.99% with limited fees, helping you get where you need to go!
• 3/2/1 Buydowns, 2/1 Buydowns, and 1/0 Buydowns are available at great starting rates!

Please note that interest rates are subject to change without notice, and the information above reflects LA County Loan Limits.

**Good News for Condos:**   

Nothing New

**Bad News for Condos***     

Princessa Estates – Balcony Issues – HOA Dues raised to $540.00 monthly!

CONDO HELP!!!

If you have a listing or a buyer interested in a specific condo and are unsure whether it is warrantable or Non-warrantable, please call me, and we can look up Fannie’s list in real-time. We don’t know when something has changed, and it would be impossible to track everything day by day, but we don’t mind looking up a few items each day.

The full state of California’s naughty list has been added to: MikeMeena.com! See the link below:

https://mikemeena.com/non-warrantable-condos/

Let me know if you hear anything new about condos or townhouses.

I am available every day if you need anything.

📞 Direct Line: 661-291-2222 – Text OK

📞 Cell: 661-714-6258 – Text OK

📞 Office: 661-260-2970 ext. 2222 – Text OK

📧 Email: Mike@AugustaFinancial.com

Have a great day and an even better tomorrow! Please call me when you have a client who needs to borrow!