Effective on January 1, 2023, FHA is raising loan limits on FHA loans as follows:
| Number of Units | Low-Cost Area | High-Cost Area | Alaska/Hawaii |
|---|---|---|---|
| 1 | $472,030 | $1,089,300 | $1,633,950 |
| 2 | $604,400 | $1,394,775 | $2,092,150 |
| 3 | $730,525 | $1,685,850 | $2,528,775 |
| 4 | $907,900 | $2,095,200 | $3,142,800 |
The new loan limits will allow your borrowers to finance a higher percentage of the purchase price. Therefore, it becomes possible for you to buy a more expensive home. A&D Mortgage actively provides borrowers with the best possible mortgage products and services. We are proud to offer your customers the opportunity to take advantage of these new industry-leading loan limits.
Contact us today to learn more about our FHA loan limits 2023 and FHA mortgage products. A&D Mortgage help you finance your dream home.
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