FHA Loan Limits 2016
Federal Housing Administration released FHA Loan Limits for 2016 on December 9, 2015 with the release of Mortgagee Letter 2015-30. The minimum maximum FHA Loan limit remained at $271,050 and the maximum FHA Loan limit in high cost area remained at $625,500. The maximum loan limit for a FHA Loan is set by the median house price in the county in which the property is located. The FHA loan limits for 2016 are for FHA Loans with case numbers assigned on or after January 1, 2016.
FHA increased loan limits in 188 counties across the country and didn’t decrease loan limits in any counties. The FHA Loan limits remained the same in Delaware, Maryland, and Pennsylvania. Search the FHA Loan limit in any county in the United States at HUD’s website at FHA Loan Limit Search