Did you know that the financial limits home buyers can now access are going up and whether you’re a home buyer or owner, this increase will definitely create a great deal of financial opportunity you didn’t have in 2021. Let us explain…


The new conforming loan limit for all neighborhoods in Santa Cruz County is $970,800. Home values have increased over the last few years and raising the loan limits allows more people to qualify for the best available mortgage rates. The Federal Housing Finance Agency (FHFA) updates their conforming loan limits every year. A conforming loan is a mortgage loan that is federally insured and “conforms” to the underwriting standards of government entities, Fannie Mae or Freddie Mac. So many neighborhoods will be impacted as we enter 2022, including the Live Oak, Harbor and Seabright areas of Arana Gulch, which are becoming even more popular due to their walkability and for being central to all the popular areas we enjoy here. If you're interested in these areas or any others, check out our neighborhood-specific search tool.


In the meantime, be sure to check out our library of resources included in this blog including our READY TO STAY & SELL programs allowing 0% financing for 12 months to fix up bathrooms, your roof, landscaping and so much more PLUS our Mortgage & Home Value Calculators will help you crunch your numbers.


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Thank you for letting us be your real estate resource!


-Erick Fernandez