ML - 2011-29 Max FHA loan limits from October 1, through December 21, 2011



This provides notice of the posting of the comprehensive update to the Federal Housing Administration’s (FHA) single-family loan limits which are effective on or after October 1, 2011 through December 31, 2011.  These limits apply to forward mortgages insured under section 203(b)(2) of the National Housing Act and  reverse mortgages insured under section 255 (Home Equity Conversion Mortgages (HECM)).  A mortgagee letter providing further guidance has been issued August 19, 2011.


For Forward Mortgages, the FHA floors for the period October 1, 2011 through December 31, 2011 are $271,050, $347,000, $419,425 and $521,250 for 1-, 2-, 3- and 4-unit dwellings, respectively.  The FHA ceilings are $625,500, $800,775, $967,950 and $1,202,925 for 1-, 2-, 3- and 4-unit dwellings, respectively.  For all other areas, i.e., those where 115 percent of the median home price for the area is in between the floor and the ceiling, the limit shall be at 115 percent of the median home price.  For areas under Section 214 of the National Housing Act (Alaska, Guam, Hawaii and the Virgin Islands), higher ceilings of $938,250, $1,201,150, $1,451,925 and $1,804,375 for 1-, 2-, 3-, and 4-unit dwellings, respectively, apply. 


For HECMS, the maximum claim amount will remain at $625,500.


As HUD is not updating median prices at this time, there is no appeal period associated with the change of loan limits on October 1, 2011. 


For calendar year 2012, HUD does expect to announce proposed maximum mortgage amounts in November 2011. Once the principles set forth in the Mortgagee Letter announcing the loan limits that take effect on October 1, 2011, there will be no further declines in any loan limits for 2012, absent a change in authorizing legislation. As all locality specific maximum mortgage amounts are ultimately tied to the so-called national conforming loan limit of 12 USC 1454(a)(2)(C), and that limit may only go up and not go down over time, county-level loan limits under current statutory authority may only go up in the future and not go down.


Complete schedules of FHA mortgage limits for all areas for forward mortgages will be available through the downloadable file links found at The website also provides a current look-up tool that will have the capability of finding loan limits for periods in 2011 and 2012.  Please read these FHA Maximum Mortgage Limit FAQs:


If you have questions regarding this notice, please call FHA’s Resource Center at 1-800-CALL-FHA (1-800-225-5342).  Persons with hearing or speech impairments may access this number via TDD/TTY by calling 1-877-TDD-2HUD (1-877-833-2483). You can also get email technical support on FHA mortgage limits at: or by visiting:


Laurie Lawton Scott

Sr. Mortgage Consultant

602.329.2950 or 928.899.0870





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