New FHA Mortgage Loan Limits

New FHA Mortgage Loan Limits

What Are the New FHA Loan Limits for 2024?

See Updated FHA Guidelines for State and Counties?

Now you can enjoy higher FHA loan amounts to help purchase, refinance & Combine 1st and 2nd Mortgages with higher loan limits, HUD increased FHA mortgage loan limits for refinance or purchase loans in 2024 up to $729,750 in high cost areas across the country. Whether you need to refinance out of your high rate ARM or get cash out and consolidate bills, our FHA lenders can help you with FHA mortgage loans. Our loan officers will help you understand FHA guidelines and lending requirements.

Find Low Rate FHA Mortgage Solutions for Refinance and Purchase

With so many conventional mortgage companies going out of business, FHA home loans have become the best solution for most homeowners when refinancing into a fixed rate 30 year mortgage. According to, Nationwide Chief Economist, Kevin Grant, “Times have changed and homeowners need to adapt fast before they fall behind on their mortgage payments. Clearly it’s a lot easier to qualify for a low rate mortgage when your credit indicates a good mortgage payment history.”

FHA Loan Limits were Increased to over $700,000 in certain high cost areas. FHA raised their mortgage limits a minimum of 25% from the 2024 limits outlined by HUD. The new FHA loans have saved many families from their expensive adjustable rate loans because they offer low interest rates and require very little equity.

• 97.15% New Home Financing to $708,952
• 97.15% Rate and Term Refinancing to $708,952
• 85% Cash Out Refinance Loans to $620,287
• 95% Cash Out Mortgage Refinancing to $396,150