Jumbo loan limits in San Diego, CA (2026)
San Diego is one of the most expensive real estate markets in California, with a conforming loan limit of $1,104,000 for 2026 — meaning any mortgage above this threshold requires jumbo financing. With median home prices approaching $950,000 and premium neighborhoods like La Jolla, Coronado, and Del Mar regularly trading above $1,500,000, jumbo loans are a significant part of the San Diego mortgage market. GM Funding is a licensed mortgage broker serving San Diego buyers and homeowners from our San Clemente office.
GM Funding (DRE #02103128) serves San Diego, CA with VA loans, FHA loans, conventional loans, jumbo loans, HELOCs, and reverse mortgages. Loan officer Keith Murphy (NMLS #4879) has over 20 years of mortgage experience. Call (800) 345-2044 to get started.
2026 loan limits in San Diego County
The 2026 conforming loan limit for San Diego County is $1,104,000 for a single-family home. This is the threshold above which loans are classified as jumbo and fall outside Fannie Mae and Freddie Mac guidelines. San Diego’s limit is lower than Orange County and Los Angeles County, which are both at $1,249,125.
| Loan Type | 2026 San Diego Limit | Notes |
|---|---|---|
| Conforming conventional | Up to $1,104,000 | Standard Fannie/Freddie guidelines |
| FHA | Up to $1,104,000 | Same as conforming limit |
| Jumbo | $1,104,001 and above | Private lender guidelines, stricter requirements |
| VA (full entitlement) | No limit | Zero down at any price |
For buyers targeting San Diego homes between $1,104,000 and $1,300,000, it is worth calculating whether a larger down payment to stay within the conforming limit produces better overall terms than a jumbo loan. In some cases the rate difference makes conforming financing more cost-effective despite the larger down payment required.
Key things to know about jumbo loan in San Diego
Median home prices in San Diego run $850,000 to $950,000. The 2026 FHA and conforming loan limit for San Diego County is $1,104,000. Understanding the local market and financing options before applying puts you in a stronger position.
- The 2026 conforming loan limit for San Diego County is $1,104,000 — lower than Orange County and Los Angeles County ($1,249,125). Any loan above $1,104,000 requires jumbo financing.
- Veterans with full VA entitlement are exempt from loan limits — they can purchase above $1,104,000 with zero down at any price point, avoiding jumbo financing entirely
- Jumbo loans in San Diego typically require a credit score of 700 or higher, 10-20% down payment, 6-12 months cash reserves, and full income documentation
- San Diego neighborhoods like La Jolla, Coronado, Del Mar, Rancho Santa Fe, and Carmel Valley are predominantly jumbo territory where most transactions exceed $1,104,000
How GM Funding helps San Diego buyers
As a mortgage broker, GM Funding accesses wholesale rates from multiple lenders and brings San Diego buyers the most competitive option available. One application reaches multiple lenders with a single credit pull, which typically produces better pricing than going directly to a single bank.
- Access to wholesale rates not available directly to consumers
- One application submitted to multiple lenders with a single credit pull
- Expertise across VA, FHA, conventional, jumbo, HELOC, and reverse mortgage products
- Pre-approvals typically issued within 24 to 48 hours when documents are complete
Veterans: use your VA benefit instead of jumbo financing
Ready to get started in San Diego?
GM Funding works with San Diego buyers and homeowners across all loan types and price points. The process starts with a single call.
Call (800) 345-2044, text (949) 385-3007, or get in touch online.
Explore jumbo loan options in San Diego
Frequently asked questions
What is the conforming loan limit in San Diego for 2026?
The 2026 conforming loan limit for San Diego County is $1,104,000 for a single-family home. The FHA loan limit is $1,104,000. VA loans with full entitlement have no loan limit — veterans can buy at any price with zero down as long as they qualify financially.
Does GM Funding serve San Diego?
Yes. GM Funding serves buyers and homeowners throughout San Diego including La Jolla, Coronado, Del Mar, Rancho Santa Fe, Carmel Valley, and Solana Beach and all surrounding areas. GM Funding serves all of San Diego County and the broader Southern California region.
How long does it take to get pre-approved for a mortgage in San Diego?
GM Funding typically issues pre-approval letters within 24 to 48 hours when documents are complete. Having your last 2 years of tax returns, recent pay stubs, and 2 months of bank statements ready before you call speeds the process significantly.
Can I use a VA loan in San Diego?
Yes. San Diego is fully eligible for VA financing. With full VA entitlement, there is no loan limit — you can buy at any price with zero down as long as you qualify financially. GM Funding specializes in VA loans and closes VA Streamline Refinances in as little as two weeks.
Is GM Funding a bank or a mortgage broker?
GM Funding is a licensed mortgage broker (DRE #02103128), not a bank. This means GM Funding originates loans through wholesale lenders, which typically produces better rates than retail bank pricing. NMLS ID #1895363.