Increase in FHA Loan Limits for 2023
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, making it possible to buy a more expensive home. A&D Mortgage is committed to providing 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 mortgage products and how we can help you finance your dream home.
