Mortgage and Real Estate Blog


FHA New Loan Limits for 2015 Announced

Federal Housing Administration (FHA) Announces 2015 Maximum Loan Limits

FHA’s Office of Single Family Housing published Mortgagee Letter 2014-25, which provides FHA’s single family housing loan limits for Title II Forward Mortgages and Home Equity Conversion Mortgages (HECMs), and provides loan limit instructions for streamline refinance transactions without an appraisal. 

The loan limits published in this Mortgagee Letter are effective for case numbers assigned on or after January 1, 2015, and remain in effect through December 31, 2015.

The maximum FHA loan limit “ceiling” for most areas remains at the 2014 level of $625,500 for a one-unit property.  The minimum FHA loan limit “floor” for all areas remains at the 2014 level of $271,050 for a one-unit property.

There are no jurisdictions with a decrease in loan limits from the 2014 levels.  To enable Mortgagees to easily identify areas with loan limit increases, FHA has published a separate list of counties with loan limit increases. 

Refer to Mortgagee Letter 2014-25 for complete loan limit information.
Check your local area anytime: FHA and Conventional Loan Limit Look Up Tool
Single Family

Joe Metzler, MLO, MMS. NMLS 274132

Mortgages Unlimited, Inc
33 Wentworth Ave E, Suite 290
St Paul, MN 55118
Ph: (651) 552-3681  Cell: (651) 705-6261
Fax: (651) 994-6425

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Licensed in MN, WI, and SD. Company NMLS #225504.

Comment balloon 0 commentsJoseph Metzler • December 07 2014 06:09AM


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