FHA Loans

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

FHA loans are an attractive option, especially for first-time homeowners:

• Generally easier to qualify for than conventional loans
• 3.5% down payment
• Cannot exceed statutory loan limits
• Can lend to as low as a 500 credit score-- Ask us for more details!

 

 

FHA Maximum Loan Limits

 

FHA Standard Loan Limits
California Properties Located In	Units	Maximum Base Loan Amount
Kern County	1	$331,760
	2	$424,800
	3	$513,450
	4	$638,100
Los Angeles County & Orange County	1	$765,600
	2	$980,325
	3	$1,184,925
	4	$1,472,550
Riverside County & San Bernardino County	1	$442,750
	2	$556,800
	3	$685,100
	4	$851,450
Ventura County	1	$713,000
	2	$912,750
	3	$1,103,350
	4	$1,371,150

For additional Maximum Base Loan Amounts for other counties not listed above, please email WBao@NHFunding.net

 

FHA Jumbo / High Balance Loan Limits
Properties Located in	Units	Maximum Base Loan Amount*
California	1	$636,150
	2	$814,500
	3	$984,525
	4	$1,223,475

*Maximum Base Loan Amount is the lesser of amount as per table above or Maximum County Limit (//entp.hud.gov/idapp/html/hicostlook.cfm for County limits)

 

For more information about FHA loans, please visit http://portal.hud.gov/hudportal/HUD?src=/buying/loansFor more information about Common Questions from First-Time Hombuyer's please click here http://portal.hud.gov/hudportal/HUD?src=/topics/common_questions