{"id":2594,"date":"2020-10-01T12:33:54","date_gmt":"2020-10-01T11:33:54","guid":{"rendered":"https:\/\/businessfinancenews.com\/?p=2594"},"modified":"2021-12-09T19:47:40","modified_gmt":"2021-12-09T18:47:40","slug":"fha-loan-limits","status":"publish","type":"post","link":"https:\/\/businessfinancenews.com\/fha\/fha-loan-limits\/","title":{"rendered":"FHA Loan Limits"},"content":{"rendered":"\n
The Federal Housing Administration (FHA) announced<\/a> for 2021 their new schedule <\/a>of loan limits for the upcoming year (Source<\/a>). Due to a steady increase in housing prices, most areas in the country will see a slight increase in loan limits in 2021. These loan limits are effective for case numbers<\/a> assigned on or after January 1, 2021, and will remain in effect through the end of the year.<\/p>\n\n\n\n For the year 2021, the FHA loan limit is established at a floor of $356,362 for single-family home loans and it is one of the FHA loan requirements. <\/strong>The aforementioned FHA loan amount is a minimum that is currently covering 83% of all the counties in the US, as we will see below in more detail.<\/p>\n\n\n\n\t\t\t