FHA Loan Requirements
Whether you're a first-time homebuyer, moving to a new home, or want to refinance your existing conventional or FHA mortgage, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.
- The Facts About FHA Credit Requirements and FICO® Scores
- Do FHA Loan Requirements Apply to All Borrowers?
- Your FHA Loan Credit Qualifications

FHA Limits for 2023 Announced!
FHA loan limits were established to define how much you can borrow for a HUD-backed mortgage. Each state has different limits, so be sure to look up your state to understand what is available for your FHA home loan.
For 2023, the FHA floor was set at $472,030 for single-family home loans. This minimum lending amount covers most U.S. counties. The FHA ceiling represents the maximum loan amount and is illustrated in the table below.
FHA Limits (low cost areas) | |||
Single | Duplex | Tri-plex | Four-plex |
---|---|---|---|
$472,030 | $604,400 | $730,525 | $907,900 |
Also for 2023, the FHA ceiling was set at $1,089,300 for single-family home loans. This represents the highest amount that a borrower can get through the FHA loan program. It applies to high cost areas in the United States and is illustrated in the table below.
FHA Limits (high cost areas) | |||
Single | Duplex | Tri-plex | Four-plex |
---|---|---|---|
$1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |

Down Payment Grants for FHA Loans
Paying the upfront costs of buying a new home can be challenging. To help overcome this hurdle, many local and state agencies offer down payment assistance in the form of grants or second mortgages.

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FHA Loan Articles and Mortgage News
January 25, 2023 - No matter what the condition of the housing market, there are some important things to remember when buying a home with an FHA mortgage. Are you anticipating some of the most common home buying mistakes? Here are some things to look out for.
January 23, 2023 - An interest rate buydown can temporarily lower the interest rate on a home loan; the USA Today example shows how a borrower could save $250 a month in the first year of home ownership using an interest rate buydown.
January 22, 2023 - Did you know that the VA offers a One-Time Close construction loan similar to the FHA One-Time Close loan? The VA version of the One-Time Close loan allows qualified borrowers to finance both the construction and the permanent mortgage at the same time.
January 21, 2023 - Thinking about buying a fixer-upper with an FHA 203(k) Rehabilitation Loan? Or are you considering a home improvement project financed with an FHA Cash-Out Refinance? You have a set of choices to make far beyond selecting a lender, deciding on the loan type and term, etc.
January 20, 2023 - HUD wants to give FHA borrowers a way to formally complain about appraisal bias when purchasing a home with an FHA mortgage. It’s called a Reconsideration of Valuation, and it’s part of a larger effort to end racial bias in the housing industry.
January 19, 2023 - If you want to buy a fixer-upper, there are some issues to pay attention to before and after you apply for your loan you should be aware of. This is in addition to mortgage loan interest rate trends and changing prices in the housing market.
January 17, 2023 - A lot of people wrote off the idea of buying a home in 2022 because of the unprecedented seller’s market, inflation, and rising interest rates. But in the early days of 2023, some industry professionals are saying this may be a better year to consider your options.
January 15, 2023 - What are the major differences between FHA, VA, and conventional mortgages? No matter if you are buying an existing home or if you choose to have your house built from the ground up, there are some important differences to keep in mind about each type of loan.
January 12, 2023 - There are five things to know about FHA home loans that can help you make more informed decisions while you are still planning. You will want every advantage possible in preparing for the transaction. Here are five things to remember about construction loans.
January 10, 2023 - Want to know how to shop for a home in 2023? FHA home loan limits have increased for the third year in a row and many borrowers are wondering about their options to buy or refinance this year. Here are five things you can do to get ready.

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Homebuyer Terminology
If you’re getting ready to shop around for mortgage options, it’s a good idea to brush up on some of the technical terms in our Mortgage Glossary. You’re going to be hearing a lot of them!
