San Luis Obispo County loan limits for 2026
The largest loan Fannie Mae and Freddie Mac can buy, and the largest base loan FHA will insure, for a home in San Luis Obispo County in 2026, and how VA uses the limit. Each figure is read from the agency that sets it, and each one links to its source.
Conforming loan limits
The conforming limit is the largest loan Fannie Mae and Freddie Mac can buy. FHFA sets it for each county every year. San Luis Obispo County is a high-cost area, so its limit sits between the national baseline and the high-cost ceiling, both shown here for one unit.
- One unit
- $1,000,500
- Two units
- $1,280,850
- Three units
- $1,548,250
- Four units
- $1,924,100
- National baseline, one unit
- $832,750
- High-cost ceiling, one unit
- $1,249,125
2026 figures. Source: FHFA county loan limits (See the published list), read October 6, 2026.
FHA loan limits
The FHA limit is the largest base loan FHA will insure, before any up-front mortgage insurance premium financed on top of it. HUD sets it for each county every year, between a national floor and a national ceiling, both shown here for one unit. In 2026, HUD set the county's FHA limits at the same figures as its conforming limits.
- One unit
- $1,000,500
- Two units
- $1,280,850
- Three units
- $1,548,250
- Four units
- $1,924,100
- National floor, one unit
- $541,287
- National ceiling, one unit
- $1,249,125
2026 figures. Source: HUD FHA mortgage limits (See the published list), read October 13, 2026.
VA loans
VA sets no loan limit for a veteran with full entitlement.
If part of a veteran's entitlement is still in use on another VA loan, VA works out the entitlement that remains from the county's one-unit conforming limit, so the conforming limit above matters in that case. VA's limits are the same as FHFA's.
Source: Blue Water Navy Vietnam Veterans Act of 2019, in effect from January 1, 2020; VA home loan limits, read October 13, 2026.
Which limit a loan is measured against
The county the home is in
A limit belongs to the county where the property is, not the county where the borrower lives. A home across a county line is measured against the limits of the county it is in.
The loan, not the price
The limit applies to the amount borrowed. A home priced above the limit can still take a conforming loan when the loan itself is at or under it.
The number of units
A property with two, three or four units has a higher limit than a single home, as the tables show.
High-balance loans
Fannie Mae calls a loan subject to a high-cost area's limit, as in this county, a high-balance loan. It is still a conforming loan, and Fannie Mae's requirements for it can differ from those for other loans.
Above the limit
Fannie Mae and Freddie Mac cannot buy a loan above the county's conforming limit. A loan that size is a jumbo loan, written under a lender's own guidelines. A base loan above the county's FHA limit cannot be insured by FHA.
Source: Fannie Mae Selling Guide, B2-1.5-01, Loan Limits, read October 13, 2026.
When the limits change
FHFA and HUD publish the next year's limits late in the year before, and the new limits take effect on January 1. The figures on this page are the 2026 limits, and each source line gives the date it was read.
Questions about the county's loan limits
What is the conforming loan limit in San Luis Obispo County for 2026?
$1,000,500 for a one-unit home, $1,280,850 for two units, $1,548,250 for three and $1,924,100 for four. FHFA sets the limits each year.
What is the FHA loan limit in San Luis Obispo County for 2026?
$1,000,500 for a one-unit home, $1,280,850 for two units, $1,548,250 for three and $1,924,100 for four. HUD sets the limits each year.
Is there a VA loan limit in San Luis Obispo County?
VA sets no loan limit for a veteran with full entitlement. When part of a veteran's entitlement is still tied to another VA loan, VA uses the county's one-unit conforming limit to work out what remains.
What if the loan is above the conforming limit in San Luis Obispo County?
Then it is a jumbo loan. Fannie Mae and Freddie Mac cannot buy a loan above the county's limit, so a jumbo loan is made under a lender's own guidelines.
Does the limit in San Luis Obispo County depend on the price of the home?
No. The limit is measured against the amount borrowed, so a home priced above it can still be financed with a conforming loan if the loan stays at or under it.
The loans these limits apply to:Conventional loansJumbo loansFHA loansVA loansThe Central Coast
Loan limits for the county next door:Santa Barbara County
Tell us which limit your loan sits against
Tell us about the property and your plans, or call.
No credit pull to get started. This is not a commitment to lend. Equal Housing Opportunity.