Glossary Terms

FHA Loan Limit

The FHA loan limit is the maximum loan amount you can get for an FHA loan, which varies depending on the area you live in.

The FHA loan limit is the maximum loan amount you can get for an FHA loan, which varies depending on the area you live in.

An FHA loan is a loan that is insured by the Federal Housing Administration (FHA). The loans are geared toward borrowers that do not have a large down payment on the home they wish to purchase. FHA loans require a minimum of a 3.5 percent down payment on the purchase price of the home.

In 2017, FHA loan limits in high cost metropolitan areas increased to $636,150. In areas where housing costs are low, FHA limits are $275,665. To see specific FHA lending limits in your state, click here.