Fannie Mae, FHA and VA Loan Limits by County

To use one of my favorite Dirty Harry quotes, “A Man’s gotta know his limitations.” With all of the talk recently of Fannie Mae Jumbo loans, Fannie Mae High Balance Loan Programs, FHA Jumbo’s, VA Jumbo’s, and the like; I thought it would be a good idea to show you how and where  to find out exactly with the loan limits are in your specific State and County.

The first step is to go to this site: HUD/Fannie Mae Loan Limits .  A couple of important things to remember when navigating this site: you initially just need to input the State(all Counties will be listed), the Limit Type(Fannie Mae, FHA, or HECM-reverse mortgage), and the Limit Year (It’s 2009, folks). Once you find your County, the loan limits are pretty self-explanatory.  If you own a multi-unit property, your loan limits will be higher than a single family home.

For VA Loans, the loan limit is $417,000 unless otherwise noted here: VA Loan Limits  .  Financing may be available above the loan limit for a VA limit with a down payment.  A calculator and examples are listed here: VA Calculations .

Keep in mind pricing and qualifiaction terms may vary with “high balance” loans above the traditional loan limits of $417,000.  I hope this helps!