FHA 2022 Loan Limits Increase

 

FHA 2022 Loan Limits Increase

FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage 

Loan Limits for 2022 FHA ANNOUNCES NEW SINGLE FAMILY TITLE II FORWARD AND HOME EQUITY CONVERSION MORTGAGE LOAN LIMITS FOR 2022. "The increase in loan limits, commensurate with the increase in home prices, will allow qualified individuals and families to continue to access FHA-insured mortgages to achieve affordable home financing FHA’s 2022 minimum national loan limit "floor", of $420,680 is set at 65 percent of the national conforming loan limit. Any area where the loan limit exceeds this "floor" is considered a high-cost area, and the NHA requires FHA to set its maximum loan limit "ceiling" for high-cost areas at $970,800, which is 150 percent of the national conforming loan limit.