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Mortgage loans for higher amounts. About jumbo loans. A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac â currently $424,100 for a single-family home in all states (except Hawaii and Alaska and a few federally designated high-cost markets, where the limit is $636,150).
Getting back to the question at hand: What is considered a jumbo loan in California? This will depend on the county where the property being purchased is located. Conforming loan limits vary from one county to the next, so the definition of a California jumbo loan also varies by county. Here is a list of current limits for all counties. Find your county on this list, and youâll know where the jumbo loan threshold begins.