New FHA Loan Limits for 2018

Newfi Wholesale FHA Loans, News

HUD has increased loan limits for FHA-insurable mortgages in 2018!

Some of these increases have been substantial, which may help you qualify more borrowers. We’re seeing increases from from $275,665 to $294,515 in low cost markets and from $636,150 to $679,650 for high cost markets. For example, King County in Washington State increased from $592,250 for a single family residence to $667,000.

Note that these changes are NOT the same as the conforming loan increases for 2018.

Visit the HUD website for county-specific FHA loan limits.