The 2024 high-balance conforming loan limit for Alameda County is $1,149,825.

The 2024 “low-balance” conforming loan limit for Alameda County is $766,550.

  • Both loan limits above are based on a 1-unit property.

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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 $189,840 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.

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Date UpdatedTime
Mar 4, 202410:42 AM
(Rates subject to change without notice)
Loan TypeLoan PurposeLoan TermInterest RateAPRPoints
ConformingPurchase30 year fixed6.125%6.272%1.271
ConformingPurchase30 year fixed6.500%6.548%0.221
ConformingPurchase20 year fixed6.125%6.207%0.376
ConformingPurchase15 year fixed5.500%5.731%1.211
FHAPurchase30 year fixed5.750%6.506%0.174
VAPurchase30 year fixed5.750%6.010%0.344

Conforming

30 Year Fixed

InterestAPRPoints
6.125%6.272%1.271
6.500%6.548%0.221

20 Year Fixed

InterestAPRPoints
6.125%6.207%0.376

15 Year Fixed

InterestAPRPoints
5.500%5.731%1.211

FHA

30 Year Fixed

InterestAPRPoints
5.750%6.010%0.344

VA

30 Year Fixed

InterestAPRPoints
5.750%6.506%0.174

Loan Assumptions