December 12, 2014

HUD Mortgage Letter 2014-25 issued December 5, 2014 announced the maximum loan limits for FHA loans for 2015. The FHA loan limit “floor” remains unchanged for all counties; the high-cost area “ceiling” also remains unchanged however the loan amount allowed for a number of specific counties has increased for 2015. The list of counties with an increased loan amount is attached (Exhibit A).

Any loan where the loan limit exceeds the “floor” is a high cost area.

The new loan limits apply to case numbers assigned on or after January 1, 2015.

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The maximum loan limits for properties located in Alaska and Hawaii are as follows:

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To view FHA Mortgage Limits by county for 2015 go to FHA Mortgage Limits enter the state, county and select “FHA Forward” and “CY2015” from the drop down menu and click on “Send”.

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As a reminder, FHA Streamlines without an appraisal are not subject to the limits. The following lists are attached for reference:

  • Exhibit A: Counties with increased maximum loan amounts
  • Exhibit B: Counties at the FHA national loan limit ceiling
  • Exhibit C: Counties between the FHA floor and ceiling limits

To read the FHA Mortgagee Letter in its entirety, go to HUD Mortgagee Letters

If you have any questions, please contact your Account Executive.