The maximum FHA loan limit for a 1-unit property in a high-cost county is $1,209,750. And there are “special exception” loan limits in Alaska, Hawaii, Guam, and the U.S. Virgin Islands. In these areas, FHA caps single-family home loans at a surprising $1,814,625. ...
Loan limits are based on home values. This means pricier real estate markets have higher FHA and conforming loan limits, while more affordable markets have lower ones. Federal housing officials calculate and set these maximum mortgage sizes at thecountylevel. They also keep them consistent across a...
Florida FHA loan limits and maximum mortgage amounts have been adjusted upward for 2025, in response to rising home prices nationwide. In Florida, the 2025 FHA loan limit for a single-family property will range from $524,225 to $967,150, depending on the county where the home is located....
Loan Limits Vary by Location The Federal Housing Administration sets FHA loan limits annually based on county-specific housing costs. These limits help make homeownership more accessible in both lower- and higher-cost areas. 2025 FHA Loan Limits For 2025, FHA loan limits for single-family homes a...
Elsewhere, the limit is set at 115% of the median home price for the county, as determined by the U.S. Department of Housing and Urban Development (HUD). The chart below lists the 2024 loan limits: 2024 FHA Loan Limits PROPERTY TYPELOW-COST AREA LIMITHIGH-COST AREA LIMITSPECIAL EXCEPTION...
Loan variantLoan limitMinimum loanEligible upgrades Standard 203(k)FHA loan limits for the county where property is locatedNo minimumMajor renovations: roof, plumbing, accessibility changes Limited 203(k)Up to $35,000At least $5,000Minor non-structural upgrades: paint, new appliances ...
View the current FHA and conforming loan limits for all counties in West Virginia. Each West Virginia county loan limit is displayed.
Lower loan limits: Conventional loans allow homebuyers to borrow up toconforming loan limits, Opens overlay.FHA loan limits, Opens overlayare lower than conventional loans, so depending on what county you’re financing in, you’ll only be able to borrow up to a certain amount. ...
FHA RAISES LOAN LIMITS FOR COUNTYSUSAN FARMER
FHA loan limits in Chicago and the rest of Illinois are the maximum amount a borrower can secure for an FHA-insured mortgage in a specific county. These thresholds are calibrated annually to reflect the local housing market and its associated costs. For Illinois FHA loans, understanding these li...