FHA 2020 Loan Limits

HUD announced the FHA loan limits for 2020 in Mortgagee Letter 2019-19 dated December 3, 2019.   The low-cost area “floor” and the high-cost area “ceiling” have increased in almost every county from 2019; there were 11 counties with a decrease*.  Any area where the loan limit exceeds the “floor” is considered a high-cost area.

The new loan limits apply to case numbers assigned on or after January 1, 2020

*To view a list of counties with a decrease, click here

Actual loan limits for certain high-cost counties may be lower than the “ceiling” stated above.  To view the FHA mortgage limits for 2020 by county, go to FHA Mortgage Limits and enter the following information for the subject property:

  • State: Select the state where the property is located from the dropdown menu
  • County: Enter the county
  • Limit Type: Select “FHA Forward from the dropdown menu
  • Limit Year: Select “CY2020” from the dropdown menu
  • Click “Send”

As a reminder, county limits do not apply to FHA Streamline transactions.

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