As a realtor in San Diego, California I was happy to read that they have increased the conforming loan amount for the area ($697,500). This could help thousands of distressed San Diego Homowners who need to refinance. This could give them a better rate to help them keep their home. The new conforming loan amount can be a great thing, but not to everyone. There are some requirements people have to realize. To qualify it depends on the borrowers FICO score and the borrower has to go full doc and it also depends on their DTI ratio, time on job, etc. What they are (0 comments)