FHA Loan Limit
Low-Cost Areas
The FHA’s national low-cost area mortgage limits for 2020 are set at 65% of the national conforming limit of $510,400 (for a one-unit property). Here are the specific amounts for this category, by property type:
- One-unit: $331,760
- Two-unit: $424,800
- Three-unit: $513,450
- Four-unit: $638,100
High-Cost Areas
The FHA’s loan limits for high-cost areas (with comparatively high home prices) are set at 150% of the national conforming cap of $510,400. This results in the following maximum amounts:
- One-unit: $765,600
- Two-unit: $980,325
- Three-unit: $1,184,925
- Four-unit: $1,472,550