FHA Loan Limits Increase For 2023

2 years ago
2

FHA Loan Limits Increase For 2023

FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2023 FHA’s 2023 minimum national loan limit floor of $472,030 for a one-unit property is set at 65 percent of the national conforming loan limit. This floor applies to those areas where 115 percent of the median home price is less than the floor limit. The maximum loan limits for FHA forward mortgages will rise in 3,222 counties. The loan limits announced today reflect steep increases in home prices throughout much of the country.

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