FHA Loan Limits

A law enacted in 1994 made a change to the way that the Federal Housing Administration (FHA) calculated the minimum and maximum loan amounts for FHA mortgages (one- to four-family owner-occupied properties).

Minimum (Floor) Amounts

In general, FHA minimum loan amounts (“the floors”) are limited to 38 percent of the maximum loan limits used by the Federal National Mortgage Association (FNMA, or Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac). FHA maximum loan amounts (“the ceilings”) are set at 75% of the FNMA/FHLMC loan limits. This may differ if you are in a high cost area, then the amounts may go up.

The FHA Maximum Loan limits for your specific can be determined most easily by using the FHA web site, and using their chart. Go to: https://entp.hud.gov/idapp/html/hicostlook.cfm

The easiest way to use this site is to:

  1. Sort responses by state
  2. Type in your state
  3. Type in your county – The rest you can leave blank, this will yield the best results.

For Washington, DC:

  1. Sort by “Most Recent”
  2. Select “District of Columbia” under State.
  3. Everything else can be left blank.