Remember that the subject is never part of a prepositional phrase. The subject of a verb will never be part of a prepositional phrase. A prepositional phrase begins with a preposition [in, on, at, between, among, etc.] and ends with a noun, pronoun, or gerund.
Jumbo loan limits in California range from $417,000 to over $600,000. The median value of a home in California is more than double the median values of homes for United States as a whole, even though the median income is only slightly higher.
Jumbo Loan Limits in Santa Cruz County California in 2016. The highest loan amount for a âregular loanâ is often called the conforming loan limit, and is announced by Freddie Mac and Fannie Mae each January. This year, the conforming loan limit announced by both Fannie and Freddie for single family residences is $417,000. Any loan that is above this loan amount is considered a jumbo loan. In the Santa Cruz area a jumbo loan is any loan that is over the conforming loan limit. Jumbo loans typically will go up to $2 million and anything over $2 million is considered a super jumbo loan. For 2016 the Santa Cruz County conforming loan limit is 729,750 and it is also the FHA jumbo loan limit for Santa Cruz County.