Home LoansFHA Loans

2019 FHA Loan Limits in Nebraska

If you are a Nebraska resident considering financing a home with an FHA loan, you should know the established loan limits. For a single-family home, the state’s standard FHA loan limit is $314,827, but you can get an FHA loan of up to $433,550 in higher-cost locations.

Nebraska is dominated by rural neighborhoods, although there are some higher-cost cities, too. The median home value varies greatly depending on the county. For example, Boyd County holds the lowest median home price, at $21,000, while Sarpy and Saunders, both part of counties that include and surround Omaha, the state’s largest city, feature the highest median home value in the state, at $205,000.

A 2016 FHA report (the most recent year in which this information was made available) notes that about a quarter of the total mortgages issued in Nebraska were FHA loans (5,049). A 2018 report shows the percentage of FHA loans issued nationwide that originated in Nebraska was 0.49%.

Nebraska FHA loan limits by county

FHA Loan Limits in Nebraska
County Single-Family Limit Two-Family Limit Three-Family Limit Four-Family Limit Median Sale Price
Adams $314,827 $403,125 $487,250 $605,525 $100,000
Antelope $314,827 $403,125 $487,250 $605,525 $50,000
Arthur $314,827 $403,125 $487,250 $605,525 $113,000
Banner $314,827 $403,125 $487,250 $605,525 $142,000
Blaine $314,827 $403,125 $487,250 $605,525 $141,000
Boone $314,827 $403,125 $487,250 $605,525 $115,000
Box Butte $314,827 $403,125 $487,250 $605,525 $110,000
Boyd $314,827 $403,125 $487,250 $605,525 $21,000
Brown $314,827 $403,125 $487,250 $605,525 $53,000
Buffalo $314,827 $403,125 $487,250 $605,525 $172,000
Burt $314,827 $403,125 $487,250 $605,525 $60,000
Butler $314,827 $403,125 $487,250 $605,525 $119,000
Cass $314,827 $403,125 $487,250 $605,525 $205,000
Cedar $314,827 $403,125 $487,250 $605,525 $122,000
Chase $314,827 $403,125 $487,250 $605,525 $106,000
Cherry $314,827 $403,125 $487,250 $605,525 $135,000
Cheyenne $314,827 $403,125 $487,250 $605,525 $126,000
Clay $314,827 $403,125 $487,250 $605,525 $53,000
Colfax $314,827 $403,125 $487,250 $605,525 $76,000
Cuming $314,827 $403,125 $487,250 $605,525 $90,000
Custer $314,827 $403,125 $487,250 $605,525 $85,000
Dakota $314,827 $403,125 $487,250 $605,525 $175,000
Dawes $314,827 $403,125 $487,250 $605,525 $88,000
Dawson $314,827 $403,125 $487,250 $605,525 $125,000
Deuel $314,827 $403,125 $487,250 $605,525 $81,000
Dixon $314,827 $403,125 $487,250 $605,525 $175,000
Dodge $314,827 $403,125 $487,250 $605,525 $127,000
Douglas $314,827 $403,125 $487,250 $605,525 $205,000
Dundy $314,827 $403,125 $487,250 $605,525 $78,000
Fillmore $314,827 $403,125 $487,250 $605,525 $83,000
Franklin $314,827 $403,125 $487,250 $605,525 $67,000
Frontier $314,827 $403,125 $487,250 $605,525 $63,000
Furnas $314,827 $403,125 $487,250 $605,525 $69,000
Gage $314,827 $403,125 $487,250 $605,525 $79,000
Garden $314,827 $403,125 $487,250 $605,525 $32,000
Garfield $314,827 $403,125 $487,250 $605,525 $102,000
Gosper $314,827 $403,125 $487,250 $605,525 $125,000
Grant $314,827 $403,125 $487,250 $605,525 $58,000
Greeley $314,827 $403,125 $487,250 $605,525 $73,000
Hall $314,827 $403,125 $487,250 $605,525 $147,000
Hamilton $314,827 $403,125 $487,250 $605,525 $147,000
Harlan $314,827 $403,125 $487,250 $605,525 $93,000
Hayes $314,827 $403,125 $487,250 $605,525 $106,000
Hitchcock $314,827 $403,125 $487,250 $605,525 $65,000
Holt $314,827 $403,125 $487,250 $605,525 $30,000
Hooker $314,827 $403,125 $487,250 $605,525 $86,000
Howard $314,827 $403,125 $487,250 $605,525 $147,000
Jefferson $314,827 $403,125 $487,250 $605,525 $85,000
Johnson $314,827 $403,125 $487,250 $605,525 $89,000
Kearney $314,827 $403,125 $487,250 $605,525 $172,000
Keith $314,827 $403,125 $487,250 $605,525 $90,000
Keya Paha $314,827 $403,125 $487,250 $605,525 $105,000
Kimball $314,827 $403,125 $487,250 $605,525 $92,000
Knox $314,827 $403,125 $487,250 $605,525 $55,000
Lancaster $314,827 $403,125 $487,250 $605,525 $174,000
Lincoln $433,550 $555,000 $670,900 $833,750 $163,000
Logan $433,550 $555,000 $670,900 $833,750 $163,000
Loup $314,827 $403,125 $487,250 $605,525 $158,000
Madison $314,827 $403,125 $487,250 $605,525 $145,000
Mcpherson $433,550 $555,000 $670,900 $833,750 $163,000
Merrick $314,827 $403,125 $487,250 $605,525 $147,000
Morrill $314,827 $403,125 $487,250 $605,525 $94,000
Nance $314,827 $403,125 $487,250 $605,525 $90,000
Nemaha $314,827 $403,125 $487,250 $605,525 $70,000
Nuckolls $314,827 $403,125 $487,250 $605,525 $63,000
Otoe $314,827 $403,125 $487,250 $605,525 $110,000
Pawnee $314,827 $403,125 $487,250 $605,525 $32,000
Perkins $314,827 $403,125 $487,250 $605,525 $110,000
Phelps $314,827 $403,125 $487,250 $605,525 $93,000
Pierce $314,827 $403,125 $487,250 $605,525 $145,000
Platte $314,827 $403,125 $487,250 $605,525 $145,000
Polk $314,827 $403,125 $487,250 $605,525 $113,000
Red Willow $314,827 $403,125 $487,250 $605,525 $80,000
Richardson $314,827 $403,125 $487,250 $605,525 $79,000
Rock $314,827 $403,125 $487,250 $605,525 $74,000
Saline $314,827 $403,125 $487,250 $605,525 $78,000
Sarpy $314,827 $403,125 $487,250 $605,525 $205,000
Saunders $314,827 $403,125 $487,250 $605,525 $205,000
Scotts Bluff $314,827 $403,125 $487,250 $605,525 $142,000
Seward $314,827 $403,125 $487,250 $605,525 $174,000
Sheridan $314,827 $403,125 $487,250 $605,525 $87,000
Sherman $314,827 $403,125 $487,250 $605,525 $94,000
Sioux $314,827 $403,125 $487,250 $605,525 $142,000
Stanton $314,827 $403,125 $487,250 $605,525 $145,000
Thayer $314,827 $403,125 $487,250 $605,525 $76,000
Thomas $314,827 $403,125 $487,250 $605,525 $137,000
Thurston $314,827 $403,125 $487,250 $605,525 $84,000
Valley $314,827 $403,125 $487,250 $605,525 $99,000
Washington $314,827 $403,125 $487,250 $605,525 $205,000
Wayne $314,827 $403,125 $487,250 $605,525 $113,000
Webster $314,827 $403,125 $487,250 $605,525 $20,000
Wheeler $314,827 $403,125 $487,250 $605,525 $133,000
York $314,827 $403,125 $487,250 $605,525 $100,000

How are FHA loan limits determined?

The U.S. Department of Housing and Urban Development (HUD) sets FHA loan limits based on the conforming loan limit — or how large of a mortgage conventional lenders Fannie Mae and Freddie Mac will purchase. In 2019, that limit is $484,350. The FHA’s “floor” is the largest mortgage the agency will issue in most of the country and is set at $314,827 for 2019.

The FHA “ceiling” applies to high-cost areas and is set at 150% of the conforming loan limit, or $726,525. Outside of a few exceptions, this is the highest mortgage the agency will insure for a single-family home. In other areas, 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 Nebraska?

An FHA loan may be a great option to help you finance your dream home in Nebraska. However, there are several requirements you must meet to qualify. Your credit score, income level and debt-to-income ratio can all be factors for qualification.

If you think you may qualify for an FHA loan or want to learn more about the general requirements, visit LendingTree’s FHA page for more information.

 

Compare FHA Loans for Free