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2019 FHA Loan Limits in Kentucky

The lower-cost market in Kentucky means the FHA loan limit for a single-family home is $314,827 in the majority of counties throughout the state, the same as the limit across the country for most lower-cost areas. The exceptions are the five counties in the metro Louisville area, where FHA loan limits stretch slightly to $316,250.

That should give you a lot of buying power. The Bluegrass State, with its rolling hills and horse farms, has a relatively inexpensive housing market. Only 14 counties out of more than 100 in Kentucky have a median home price in excess of $200,000. The state’s economy is dominated by manufacturing trades — automotive, aerospace, metals, plastics, chemicals.

If you’re looking to buy a home with an FHA loan in the state, you’ll be in good company. A 2016 FHA report (the most recent year in which this data is available) found that 24.1% of the mortgage loans made in Kentucky were FHA loans. A 2018 report noted that 1.36% of FHA loans nationwide originated in Kentucky.

Even major metro areas in the state, including Bowling Green, Louisville and Lexington, boast median home prices of less than $185,000. As in many other areas of the country, prices have risen in recent quarters, but they still remain affordable relative to many other areas of the United States.

Kentucky FHA loan limits by county

FHA Loan Limits in Kentucky
County Single-Family Limit Two-Family Limit Three-Family Limit Four-Family Limit Median Sale Price
Adair $314,827 $403,125 $487,250 $605,525 $58,000
Allen $314,827 $403,125 $487,250 $605,525 $160,000
Anderson $314,827 $403,125 $487,250 $605,525 $149,000
Ballard $314,827 $403,125 $487,250 $605,525 $140,000
Barren $314,827 $403,125 $487,250 $605,525 $90,000
Bath $314,827 $403,125 $487,250 $605,525 $125,000
Bell $314,827 $403,125 $487,250 $605,525 $66,000
Boone $314,827 $403,125 $487,250 $605,525 $229,000
Bourbon $314,827 $403,125 $487,250 $605,525 $184,000
Boyd $314,827 $403,125 $487,250 $605,525 $158,000
Boyle $314,827 $403,125 $487,250 $605,525 $150,000
Bracken $314,827 $403,125 $487,250 $605,525 $229,000
Breathitt $314,827 $403,125 $487,250 $605,525 $55,000
Breckinridge $314,827 $403,125 $487,250 $605,525 $49,000
Bullitt $316,250 $404,850 $489,350 $608,150 $275,000
Butler $314,827 $403,125 $487,250 $605,525 $160,000
Caldwell $314,827 $403,125 $487,250 $605,525 $65,000
Calloway $314,827 $403,125 $487,250 $605,525 $113,000
Campbell $314,827 $403,125 $487,250 $605,525 $229,000
Carlisle $314,827 $403,125 $487,250 $605,525 $69,000
Carroll $314,827 $403,125 $487,250 $605,525 $114,000
Carter $314,827 $403,125 $487,250 $605,525 $56,000
Casey $314,827 $403,125 $487,250 $605,525 $83,000
Christian $314,827 $403,125 $487,250 $605,525 $170,000
Clark $314,827 $403,125 $487,250 $605,525 $184,000
Clay $314,827 $403,125 $487,250 $605,525 $26,000
Clinton $314,827 $403,125 $487,250 $605,525 $41,000
Crittenden $314,827 $403,125 $487,250 $605,525 $63,000
Cumberland $314,827 $403,125 $487,250 $605,525 $90,000
Daviess $314,827 $403,125 $487,250 $605,525 $146,000
Edmonson $314,827 $403,125 $487,250 $605,525 $160,000
Elliott $314,827 $403,125 $487,250 $605,525 $78,000
Estill $314,827 $403,125 $487,250 $605,525 $40,000
Fayette $314,827 $403,125 $487,250 $605,525 $184,000
Fleming $314,827 $403,125 $487,250 $605,525 $51,000
Floyd $314,827 $403,125 $487,250 $605,525 $45,000
Franklin $314,827 $403,125 $487,250 $605,525 $149,000
Fulton $314,827 $403,125 $487,250 $605,525 $70,000
Gallatin $314,827 $403,125 $487,250 $605,525 $229,000
Garrard $314,827 $403,125 $487,250 $605,525 $92,000
Grant $314,827 $403,125 $487,250 $605,525 $229,000
Graves $314,827 $403,125 $487,250 $605,525 $103,000
Grayson $314,827 $403,125 $487,250 $605,525 $112,000
Green $314,827 $403,125 $487,250 $605,525 $55,000
Greenup $314,827 $403,125 $487,250 $605,525 $158,000
Hancock $314,827 $403,125 $487,250 $605,525 $146,000
Hardin $314,827 $403,125 $487,250 $605,525 $135,000
Harlan $314,827 $403,125 $487,250 $605,525 $58,000
Harrison $314,827 $403,125 $487,250 $605,525 $97,000
Hart $314,827 $403,125 $487,250 $605,525 $92,000
Henderson $314,827 $403,125 $487,250 $605,525 $182,000
Henry $316,250 $404,850 $489,350 $608,150 $275,000
Hickman $314,827 $403,125 $487,250 $605,525 $75,000
Hopkins $314,827 $403,125 $487,250 $605,525 $85,000
Jackson $314,827 $403,125 $487,250 $605,525 $45,000
Jefferson $316,250 $404,850 $489,350 $608,150 $275,000
Jessamine $314,827 $403,125 $487,250 $605,525 $184,000
Johnson $314,827 $403,125 $487,250 $605,525 $85,000
Kenton $314,827 $403,125 $487,250 $605,525 $229,000
Knott $314,827 $403,125 $487,250 $605,525 $56,000
Knox $314,827 $403,125 $487,250 $605,525 $109,000
Larue $314,827 $403,125 $487,250 $605,525 $135,000
Laurel $314,827 $403,125 $487,250 $605,525 $109,000
Lawrence $314,827 $403,125 $487,250 $605,525 $91,000
Lee $314,827 $403,125 $487,250 $605,525 $70,000
Leslie $314,827 $403,125 $487,250 $605,525 $49,000
Letcher $314,827 $403,125 $487,250 $605,525 $63,000
Lewis $314,827 $403,125 $487,250 $605,525 $37,000
Lincoln $314,827 $403,125 $487,250 $605,525 $150,000
Livingston $314,827 $403,125 $487,250 $605,525 $140,000
Logan $314,827 $403,125 $487,250 $605,525 $106,000
Lyon $314,827 $403,125 $487,250 $605,525 $97,000
Madison $314,827 $403,125 $487,250 $605,525 $146,000
Magoffin $314,827 $403,125 $487,250 $605,525 $41,000
Marion $314,827 $403,125 $487,250 $605,525 $109,000
Marshall $314,827 $403,125 $487,250 $605,525 $87,000
Martin $314,827 $403,125 $487,250 $605,525 $83,000
Mason $314,827 $403,125 $487,250 $605,525 $75,000
Mccracken $314,827 $403,125 $487,250 $605,525 $140,000
Mccreary $314,827 $403,125 $487,250 $605,525 $69,000
Mclean $314,827 $403,125 $487,250 $605,525 $146,000
Meade $314,827 $403,125 $487,250 $605,525 $135,000
Menifee $314,827 $403,125 $487,250 $605,525 $125,000
Mercer $314,827 $403,125 $487,250 $605,525 $106,000
Metcalfe $314,827 $403,125 $487,250 $605,525 $90,000
Monroe $314,827 $403,125 $487,250 $605,525 $79,000
Montgomery $314,827 $403,125 $487,250 $605,525 $125,000
Morgan $314,827 $403,125 $487,250 $605,525 $39,000
Muhlenberg $314,827 $403,125 $487,250 $605,525 $55,000
Nelson $314,827 $403,125 $487,250 $605,525 $133,000
Nicholas $314,827 $403,125 $487,250 $605,525 $94,000
Ohio $314,827 $403,125 $487,250 $605,525 $94,000
Oldham $316,250 $404,850 $489,350 $608,150 $275,000
Owen $314,827 $403,125 $487,250 $605,525 $86,000
Owsley $314,827 $403,125 $487,250 $605,525 $91,000
Pendleton $314,827 $403,125 $487,250 $605,525 $229,000
Perry $314,827 $403,125 $487,250 $605,525 $80,000
Pike $314,827 $403,125 $487,250 $605,525 $59,000
Powell $314,827 $403,125 $487,250 $605,525 $68,000
Pulaski $314,827 $403,125 $487,250 $605,525 $119,000
Robertson $314,827 $403,125 $487,250 $605,525 $126,000
Rockcastle $314,827 $403,125 $487,250 $605,525 $146,000
Rowan $314,827 $403,125 $487,250 $605,525 $80,000
Russell $314,827 $403,125 $487,250 $605,525 $42,000
Scott $314,827 $403,125 $487,250 $605,525 $184,000
Shelby $316,250 $404,850 $489,350 $608,150 $275,000
Simpson $314,827 $403,125 $487,250 $605,525 $131,000
Spencer $316,250 $404,850 $489,350 $608,150 $275,000
Taylor $314,827 $403,125 $487,250 $605,525 $91,000
Todd $314,827 $403,125 $487,250 $605,525 $98,000
Trigg $314,827 $403,125 $487,250 $605,525 $170,000
Trimble $316,250 $404,850 $489,350 $608,150 $275,000
Union $314,827 $403,125 $487,250 $605,525 $57,000
Warren $314,827 $403,125 $487,250 $605,525 $160,000
Washington $314,827 $403,125 $487,250 $605,525 $110,000
Wayne $314,827 $403,125 $487,250 $605,525 $52,000
Webster $314,827 $403,125 $487,250 $605,525 $47,000
Whitley $314,827 $403,125 $487,250 $605,525 $109,000
Wolfe $314,827 $403,125 $487,250 $605,525 $40,000
Woodford $314,827 $403,125 $487,250 $605,525 $184,000

How are FHA loan limits determined?

The U.S. Department of Housing and Urban Development (HUD) is the federal agency that oversees the FHA. They set limits on the size of mortgage the FHA will insure, and this dollar figure is based on the conforming loan limit — or how large of a mortgage Fannie Mae and Freddie Mac will purchase. In 2019, the conforming limit is $484,350.

The FHA “floor” is the largest mortgage the agency will issue in most of the country, and this is set at $314,827 for 2019.

The FHA “ceiling” is a special, higher limit that only applies to high-cost areas. This is set at 150% of the conforming loan limit, or $726,525. Outside of a limited number of exceptions, this is the highest mortgage the agency will insure for a single-family home.

In many U.S. counties, loan limits fall somewhere between the FHA floor and ceiling.

Here are the 2019 standard FHA limits for all property types:

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

Here are the 2019 standard FHA limits for high-cost areas:

  • One-unit: $726,525
  • Two-unit: $930,300
  • Three-unit: $1,124,475
  • Four-unit: $1,397,400

Do you qualify for an FHA loan in Kentucky?

An FHA loan may be able to help you with your homebuying needs, but you will need to qualify. Your credit score, income level and debt-to-income ratio will all be taken into consideration by lenders. To learn more about qualifying for an FHA loan, as well as other information about the process, visit LendingTree’s main FHA page.

 

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