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Area's Loan Limits

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Understanding FHA Loans & Limits

An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. This program was created to help more Americans achieve homeownership by offering:

  • Down payments as low as 3.5% with a credit score of 580+
  • Down payments of 10% with credit scores between 500-579
  • More flexible credit requirements than conventional loans
  • Lower closing costs
  • Competitive interest rates
First-Time Buyer Friendly
  • Easier qualification requirements
  • Lower upfront costs
  • Gift funds allowed for down payment
Credit Flexibility
  • Options for borrowers with lower credit scores
  • More forgiving of past credit issues
  • Manual underwriting available for special cases
Property Requirements
  • Must be your primary residence
  • Property must meet FHA safety standards
  • Available for single-family homes, condos, and multi-unit properties

These limits set the maximum loan amount the FHA will insure in your area.
The FHA has a standard limit for single-family homes.
Multi-family properties have higher limits.

Exceeding Conforming Limits?

Don't let higher home prices stop your dreams.
If your desired home exceeds the conforming loan limit, we have solutions:

  • Jumbo loans available for higher-value properties
  • Competitive rates even for larger loans
  • Expert guidance through the process

Need More Information?

Every homebuyer's situation is unique.
Our experienced loan officers can help you:

  • Determine if an FHA loan is right for you
  • Calculate your exact loan limits
  • Explore alternative loan options
  • Guide you through the application process