2026 FHA Loan Limits in Oregon
Loans backed by the Federal Housing Administration (known as FHA loans) offer some unique benefits, including low credit score requirements and competitive interest rates. However, they also have loan limits that are often lower than conforming loans. Most Oregon counties are subject to the lowest FHA loan limit of $541,287, but several counties have slightly higher limits to account for their higher cost of living.
Oregon FHA loan limits by county
| County name | One unit | Two units | Three units | Four units | Median sales price |
|---|---|---|---|---|---|
| BAKER COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $250,000 |
| BENTON COUNTY | $615,250 | $787,650 | $952,050 | $1,183,200 | $535,000 |
| CLACKAMAS COUNTY | $701,500 | $898,050 | $1,085,550 | $1,349,050 | $610,000 |
| CLATSOP COUNTY | $563,500 | $721,400 | $872,000 | $1,083,650 | $490,000 |
| COLUMBIA COUNTY | $701,500 | $898,050 | $1,085,550 | $1,349,050 | $610,000 |
| COOS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $320,000 |
| CROOK COUNTY | $718,750 | $920,150 | $1,112,250 | $1,382,250 | $625,000 |
| CURRY COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $415,000 |
| DESCHUTES COUNTY | $718,750 | $920,150 | $1,112,250 | $1,382,250 | $625,000 |
| DOUGLAS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $310,000 |
| GILLIAM COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $225,000 |
| GRANT COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $206,000 |
| HARNEY COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $174,000 |
| HOOD RIVER COUNTY | $762,450 | $976,100 | $1,179,850 | $1,466,250 | $650,000 |
| JACKSON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $415,000 |
| JEFFERSON COUNTY | $718,750 | $920,150 | $1,112,250 | $1,382,250 | $625,000 |
| JOSEPHINE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $370,000 |
| KLAMATH COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $260,000 |
| LAKE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $170,000 |
| LANE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $440,000 |
| LINCOLN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $411,000 |
| LINN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $388,000 |
| MALHEUR COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $335,000 |
| MARION COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $450,000 |
| MORROW COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $294,000 |
| MULTNOMAH COUNTY | $701,500 | $898,050 | $1,085,550 | $1,349,050 | $610,000 |
| POLK COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $450,000 |
| SHERMAN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $183,000 |
| TILLAMOOK COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $415,000 |
| UMATILLA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $294,000 |
| UNION COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $270,000 |
| WALLOWA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $341,000 |
| WASCO COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $348,000 |
| WASHINGTON COUNTY | $701,500 | $898,050 | $1,085,550 | $1,349,050 | $610,000 |
| WHEELER COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $193,000 |
| YAMHILL COUNTY | $701,500 | $898,050 | $1,085,550 | $1,349,050 | $610,000 |
How are FHA loan limits determined?
FHA loan limits are set each year and vary by metropolitan statistical area (MSA) and county. In accordance with the National Housing Act (NHA), FHA loans are based on the median home price in an area and are set at a percentage of the conforming loan limits.
- For low-cost areas, which include most counties in Oregon, the limit is set at 65% of the conforming loan limit. The conforming loan limit for single-family homes in 2026 is $832,750, while the lowest FHA loan limit is $541,287.
-
For high-cost areas, the limit is 150% of the conforming loan limit, so the 2026 FHA limit for high-cost areas is $1,249,125.
.Alaska, Hawaii, Guam and the U.S. Virgin Islands are designated as special exception areas that have even higher limits: $1,873,687 for a single-family home in 2026.
These low-cost and high-cost loan limits are known as the “floor” and “ceiling” limits, respectively. Many counties across the U.S., including those in Oregon, fall between these two numbers.
How to qualify for an FHA loan in Oregon
The process of applying for an FHA loan is similar to that of applying for any other type of mortgage. The FHA loan requirements are a bit different and, in some cases, more lenient than the requirements for conventional loans, however. Here are a few things your lender will look for when you apply:
- Credit score and down payment: The FHA requires at least a 580 credit score for borrowers making the minimum 3.5% down payment. If you put down 10%, you may qualify with a credit score as low as 500.
- Debt-to-income ratio: You’ll need a maximum 43% debt-to-income (DTI) ratio in most cases. You may qualify with a higher DTI ratio if certain compensating factors are present, such as having a larger down payment or cash reserves.
- Income history: While the FHA doesn’t have any formal income history requirement, you’ll typically need at least two years of income to qualify for an FHA loan, especially if you’re self-employed or qualifying with bonus or overtime pay.
- Mortgage insurance: You’ll pay two forms of mortgage insurance premiums (MIP) on your FHA loan: upfront MIP and annual MIP. Upfront MIP is 1.75% of the loan amount, while the annual MIP ranges from 0.50% to 0.75% for 30-year loans. Annual MIP applies for either 11 years or the life of the loan — depending on your down payment amount.
- Appraisal: All FHA loans require a home appraisal to verify the home’s value and ensure it meets the FHA’s minimum property standards.
- Occupancy: You can only use an FHA loan to buy a home if you plan to live in the home as your primary residence for at least one year.
- Cash reserves: You may need enough readily available funds (known as “cash reserves”) to cover at least one month’s mortgage payment. Acceptable sources include checking or savings accounts, sellable assets like stocks or vehicles, and certain retirement or insurance funds.
Buying a multifamily property with an FHA loan
In addition to single-family homes, FHA loans may also be used to buy multifamily homes with two, three or four units. Many people use multifamily properties as a way to live in one unit while renting out the others in a strategy known as house hacking.
In addition to the requirements already discussed, you’ll need to meet these guidelines:
- Occupancy: You must live at the home for at least a year, but you can rent additional rooms and units.
- Cash reserves: If you’re purchasing a three- or four-unit property, you’ll need to show enough savings to cover at least three months’ worth of mortgage payments. For a property that’s a single-family home with an accessory dwelling unit (ADU), you’ll need two months’ worth of mortgage payments in reserve.
- Income: You’ll need to demonstrate steady income over the last two years. If you plan to rent out extra space or share your home with a roommate, that expected income may be used to lower your DTI ratio and boost your borrowing power.
FHA loan limits are higher for multifamily homes than for single-family homes. The table below breaks down the “floor” limit in low-cost areas for homes with two, three or four units. However, limits are higher in certain parts of Oregon.
| Number of units | Low-cost FHA loan limit |
|---|---|
| Two | $693,050 |
| Three | $837,700 |
| Four | $1,041,125 |
FHA lenders in Oregon
| Lender | LendingTree rating | Min. FHA credit score | |
|---|---|---|---|
 |
Expert review from LendingTree.
| 580 | |
 |
Expert review from LendingTree.
| 580 | |
 |
Expert review from LendingTree.
| 580 | |
 |
Expert review from LendingTree.
| 580 | |
 |
Expert review from LendingTree.
| 580 |
Compare FHA Loans for Free
Recommended Articles