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The Deparment of Housing and Urban Development released the new conforming loan limits for California. It’s calculated using 125% of the median home price to a maximum of $729,750. For San Luis Obispo County, the new limit is $687,500. For Santa Barbara County, it’s $729,750.

Go to our Mortgage Calculators to see how a loan lower rate will benefit you.

Written by Keith Byrd - Go to Keith's Website/Profile