2024 “low-balance” conforming loan limit for Alameda County is $766,550. Both loan limits above are based on a 1-unit property. CLICK HERE TO SEE OUR FANTASTIC RATES! Loans between $766,550 and $1,149,825 for a 1-unit property in Alameda County are considered high-balance conforming loans. High-balance loans tend to have slightly higher interest rates and slightly tighter qualifying guidelines compared to loans under the low-balance limit of $766,550. With a high-balance loan, you can put as little as 5% down, and the entire down payment can be a gift. If you can keep your loan under $766,550, you will be rewarded with a lower interest rate and payment. Also, you can put as little as 3% down, and the entire down payment can be a gift. First-time home buyers purchasing a home in Alameda County may qualify for lower rates and costs by waiving Loan Level Pricing Adjustments or LLPAs if their gross annual qualifying income is $199,920 or less. Loans above $1,149,825 for 1-unit properties in Alameda County are considered jumbo loans. Jumbo loans can have more difficult qualifying requirements, such as mandatory reserve funds and lower maximum debt-to-income ratios. Below are the high-balance conforming loan limits for 2 to 4-unit properties in Alameda County: 2-unit property – $1,472,250 3-unit property – $1,779,525 4-unit property – $2,211,600 You can secure a lower interest rate and put as little as 5% down on a primary residence if you keep your loan amount under the “low-balance” limits for 2 to 4-unit properties in Alameda County. Below are the “low-balance” conforming loan limits for 2 to 4-unit properties in Alameda County: 2-unit property – $981,500 3-unit property – $1,186,350 4-unit property – $1,474,400 Click Here for FHA Loan Limits for Alameda County 2024 If you are looking for a purchase loan or a refinance in Alameda County, we would love to work with you! We can close a purchase loan in as little as 10 days and refinances in 15 days. You won’t find a lower rate and better service than Community First Mortgage. Check out our reviews on Yelp! Date Updated Time Jul 24, 2024 3:34 PM (Rates subject to change without notice) Conforming 30 Year Fixed Interest APR Points 6.125% 6.266% 1.208 6.500% 6.542% 0.165 20 Year Fixed Interest APR Points 5.990% 6.101% 0.612 15 Year Fixed Interest APR Points 5.375% 5.519% 0.658 FHA 30 Year Fixed Interest APR Points 5.750% 6.004% 0.282 VA 30 Year Fixed Interest APR Points 5.750% 6.500% 0.112 APPLY NOW CUSTOM QUOTE Loan Assumptions Google Five Stars Logo 10,000 Loans Closed Zillow Logo Yelp Logo Equal Housing Lender Logo 35 Years in Business Logo NMLS Logo Hands and Heart Icon We Are Here to Help You Even if we are not your best choice for a loan, we’ll point you in the right direction. Get Your Free, No-Pressure Rate Quote Here Arrows Icon Home Purchase Rates HOME REFINANCE RATES community first mortgage logo Housing Logo SITEMAP Home Our Team Blog FAQ Contact Us PURCHASE Personalized Rate Quote Get Preapproved Required Documents for a Purchase Do’s and Don’ts for a Purchase Loan USDA REFINANCE Personalized Rate Quote Apply Now Required Documents for a Refinance Do’s and Don’ts for a Refinance CONTACT Community First Mortgage 4165 E. Thousand Oaks Blvd. #258 Westlake Village CA, 91362 Phone: (805) 716-8172 Fax: (805) 830-5150 © Copyright 2024 Community First Mortgage | All Rights Reserved | NMLS#355370 | NMLS Consumer Access Site | Sitemap | Privacy Policy | Terms of Service | Cookie Policy Home Loan : Westlake Village Ventura County Thousand Oaks FHA Loans Thousand Oaks VA Loans Ventura Loan Officers : Westlake Village Thousand Oaks Mortgage Broker Services Thousand Oaks First Time Home Buyers : Westlake Village Thousand Oaks Ventura County Mortgage Rates: Camarillo Fillmore Moorpark Oak Park Ojai Oxnard Piru Port Hueneme Santa Paula Santa Rosa Valley Simi Valley Thousand Oaks Ventura Ventura County