Loans at or below the county conforming limit can be sold to Fannie Mae and Freddie Mac. Above that county limit, the loan is jumbo and is priced on a bank balance sheet.
FHFA's 2026 one-unit ceiling is $1,249,125. These counties are at that ceiling: Alameda, Contra Costa, Los Angeles, Marin, Orange, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz. San Diego is $1,104,000, Ventura is $1,035,000, and Santa Barbara is $941,850. San Bernardino and Riverside are at the $832,750 baseline. The full county table is at https://www.franciscowilliams.com/resources/california-loan-limits-2026. Source: FHFA conforming loan limits for 2026, announced November 25, 2025. In Los Angeles County the 2026 limits are $1,599,375 for two units, $1,933,200 for three units, and $2,402,625 for four units.
Near the ceiling, it's worth pulling both a high-balance-conforming and a jumbo quote to compare — depending on the week, either can price better.