Here are the figures on how the FHA loan limits will change here locally:

Monterey (Salinas)- Currently $729,750 and will drop Jan 1st to $483,000

San Luis Obispo, Paso Robles, Arroyo Grande (etc)- Currently $687,500 and will drop on Jan 1st to $561,200

Santa Barbara County (Santa Maria etc)- Currently sits at $729,750 and will drop on Jan 1st to $625,500

Credit: Bonnie Mogan I-Mortgage 805-597-8877 NMLS ID  633247

 

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