what is the conforming limit in santa cruz county?
Jumbo Loan Limits in Santa Cruz County California in 2016. The highest loan amount for a âregular 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.