FHA Increases Loan limits! Effective for all case numbers assigned on or after 1/1/2019!

Nationwide Mortgage Limits 

Low-cost Area The FHA national low-cost area mortgage limits, which are set at 65 percent of the national conforming limit of $484,350 for a one-unit property, are, by property unit number, as follows:

 

• One-unit: $314,827 
• Two-unit: $403,125 
• Three-unit: $487,250
• Four-unit: $605,525

 

Keep in mind this is on loan amounts only which means the actual purchase price is higher. As an example, for a single family residence the purchase price would be $326,245.59 using before the minimum of 3.5% down!