What is an FHA Loan? Requirements, How to Get One and Best Lenders
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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

2024 FHA Loan Limits in Pennsylvania

Updated on:
Content was accurate at the time of publication.

FHA loans are insured by the Federal Housing Administration and feature lenient credit score and down payment requirements. That can be good news for first-time homebuyers, but these loans do come with borrowing limits. The FHA loan limit for a single-family home in most of Pennsylvania is $498,257, though it’s higher in more expensive parts of the state. It tops out at $1,149,825 in Pike County, which is the only county in the state that’s part of the New York City metropolitan area.

County nameOne unitTwo unitsThree unitsFour unitsMedian sales price
ADAMS$498,257 $637,950 $771,125 $958,350 $247,000
ALLEGHENY$498,257 $637,950 $771,125 $958,350 $279,000
ARMSTRONG$498,257 $637,950$771,125 $958,350$279,000
BEAVER$498,257 $637,950$771,125$958,350 $279,000
BEDFORD$498,257 $637,950 $771,125 $958,350 $122,000
BERKS$498,257 $637,950 $771,125 $958,350 $222,000
BLAIR$498,257 $637,950 $771,125 $958,350 $130,000
BRADFORD$498,257 $637,950 $771,125 $958,350 $145,000
BUCKS$557,750 $714,000 $863,100 $1,072,600$485,000
BUTLER$498,257 $637,950$771,125 $958,350 $279,000
CAMBRIA$498,257 $637,950 $771,125 $958,350 $79,000
CAMERON$498,257 $637,950 $771,125 $958,350 $68,000
CARBON$498,257$637,950 $771,125 $958,350$325,000
CENTRE$498,257 $637,950 $771,125 $958,350 $319,000
CHESTER$557,750$714,000 $863,100$1,072,600 $485,000
CLARION$498,257 $637,950 $771,125 $958,350 $98,000
CLEARFIELD$498,257$637,950$771,125 $958,350 $85,000
CLINTON$498,257 $637,950 $771,125 $958,350 $147,000
COLUMBIA$498,257$637,950$771,125 $958,350 $214,000
CRAWFORD$498,257 $637,950$771,125 $958,350 $106,000
CUMBERLAND$498,257$637,950 $771,125$958,350 $290,000
DAUPHIN$498,257 $637,950 $771,125$958,350 $290,000
DELAWARE$557,750 $714,000 $863,100$1,072,600 $485,000
ELK$498,257 $637,950 $771,125$958,350 $77,000
ERIE$498,257 $637,950 $771,125 $958,350 $150,000
FAYETTE$498,257 $637,950 $771,125$958,350 $279,000
FOREST$498,257$637,950 $771,125 $958,350 $55,000
FRANKLIN$498,257 $637,950 $771,125 $958,350 $230,000
FULTON$498,257 $637,950 $771,125 $958,350 $130,000
GREENE$498,257 $637,950$771,125 $958,350 $84,000
HUNTINGDON$498,257 $637,950$771,125 $958,350 $120,000
INDIANA$498,257 $637,950 $771,125 $958,350 $114,000
JEFFERSON$498,257 $637,950 $771,125 $958,350 $80,000
JUNIATA$498,257 $637,950 $771,125 $958,350 $150,000
LACKAWANNA$498,257 $637,950 $771,125 $958,350 $168,000
LANCASTER$498,257 $637,950$771,125 $958,350 $305,000
LAWRENCE$498,257 $637,950 $771,125 $958,350 $115,000
LEBANON$498,257 $637,950 $771,125 $958,350 $215,000
LEHIGH$498,257$637,950 $771,125 $958,350 $325,000
LUZERNE$498,257 $637,950 $771,125 $958,350 $168,000
LYCOMING$498,257 $637,950 $771,125 $958,350 $170,000
MCKEAN$498,257 $637,950 $771,125 $958,350 $74,000
MERCER$498,257 $637,950 $771,125$958,350 $135,000
MIFFLIN$498,257 $637,950 $771,125 $958,350 $100,000
MONROE$498,257 $637,950 $771,125$958,350$260,000
MONTGOMERY$557,750 $714,000 $863,100 $1,072,600$485,000
MONTOUR$498,257 $637,950 $771,125 $958,350 $214,000
NORTHAMPTON$498,257 $637,950 $771,125 $958,350$325,000
NORTHUMBERLAND$498,257$637,950$771,125 $958,350 $70,000
PERRY$498,257$637,950 $771,125 $958,350 $290,000
PHILADELPHIA$557,750 $714,000 $863,100 $1,072,600 $485,000
PIKE$1,149,825 $1,472,250 $1,779,525 $2,211,600 $1,034,000
POTTER$498,257 $637,950 $771,125 $958,350 $110,000
SCHUYLKILL$498,257 $637,950 $771,125 $958,350 $85,000
SNYDER$498,257 $637,950$771,125 $958,350 $186,000
SOMERSET$498,257 $637,950$771,125 $958,350 $120,000
SULLIVAN$498,257$637,950 $771,125$958,350 $102,000
SUSQUEHANNA$498,257 $637,950 $771,125 $958,350$131,000
TIOGA$498,257 $637,950$771,125 $958,350 $137,000
UNION$498,257 $637,950 $771,125 $958,350 $235,000
VENANGO$498,257 $637,950 $771,125 $958,350 $80,000
WARREN$498,257 $637,950 $771,125 $958,350 $95,000
WASHINGTON$498,257 $637,950 $771,125 $958,350 $279,000
WAYNE$498,257 $637,950 $771,125 $958,350 $205,000
WESTMORELAND$498,257 $637,950 $771,125 $958,350 $279,000
WYOMING$498,257 $637,950 $771,125 $958,350 $168,000
YORK$498,257 $637,950 $771,125 $958,350 $247,000

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“The FHA sets a new loan limit each year. This is the maximum amount that the FHA will insure. Each county in the United States has its own limit that’s based in part on that year’s conforming loan limit for a conventional loan – the maximum dollar amount you can borrow for a conforming residential mortgage. These limits have risen more than 5% this year — and FHA loan limits have jumped too.

The lowest FHA loan limit in the U.S. (also known as the “floor”) is 65% of the conforming loan limit. The “ceiling,” or the highest FHA loan limit nationally, is 150% of the conforming loan limit. In 2024, the floor for a single-unit property is $498,257, while the ceiling is $1,149,825 in high-cost areas.

The FHA loan program can be a great option if you’re a homebuyer with less-than-perfect credit or a smaller down payment. Below are the general qualification requirements for an FHA loan:

A credit score of at least 500. Borrowers can get approved with a credit score as low as 500, though a 10% down payment will be required.

A down payment as low as 3.5% You can put down 3.5% with a credit score of 580 or higher.

A mortgage amount that’s within the FHA loan limits. You can’t borrow more than the FHA loan limit in your area. If you want to buy a home that costs more than that, you’ll have to make a larger down payment.

A debt-to-income ratio (DTI) of 43%. Your DTI ratio represents the amount of your total monthly income that’s going toward debt payments. It’s typically capped at 43% for FHA loans, though it may be possible to get approved with a DTI as high as 50%.

An FHA home appraisal. You must complete an FHA appraisal to confirm the value of the property you want to buy.

Mortgage insurance. FHA loans require two types of mortgage insurance — an annual mortgage insurance premium (MIP) of 0.15% to 0.75% of the loan amount, and an upfront premium equal to 1.75% of the loan amount. The upfront premium is typically folded into the cost of your loan, but the MIP is usually added to your monthly payment.

Occupancy. The home you purchase with an FHA loan must be your primary residence for at least 12 months.

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Buying a multifamily property with an FHA loan

Qualified borrowers can use an FHA loan to buy a multifamily property like a duplex, triplex or fourplex. It’s an alternative to an investment property loan and allows for a down payment as low as 3.5%. Here are the general eligibility requirements:

  • You’ll need to meet the same FHA loan requirements outlined above.
  • You must live in one of the units for at least 12 months, but you can rent out the other units.

Number of unitsLow-cost FHA loan limit
Two$637,950
Three $771,125
Four $958,350

How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

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