FHA to Increase Loan Limits 2017!

fha updateFHA published the 2017 mortgage limits this afternoon.  They follow the limits outlined in the FHFA announcement last week.

The new FHA limits apply to case numbers assigned on or after January 1st, 2017.

The new single-family “floor” is $275,665 and the new maximum loan amount in high cost areas is $636,150.

For the Dallas-Fort Worth area most counties will see an increased loan limit up to $362,250.  Just to be sure, though, here’s the link to search your specific county

FHA County Loan Limit Search

For HECMs, the maximum claim amount for FHA-insured HECMs will be $636,150.

Here is a link to areas that had increases in 2017 (including those that increased from $271,050 to $275,665):


No areas were decreased from 2016 to 2017.  

Mortgagee Letters:

Mortgagee Letter 2016-20 (forward):  http://portal.hud.gov/hudportal/documents/huddoc?id=16-20ml.pdf

Mortgagee Letter 2016-19 (reverse):  http://portal.hud.gov/hudportal/documents/huddoc?id=16-19ml.pdf


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s