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For 2020, HUD made home ownership more attainable for millions of Americans by increasing the loan limits in almost all of the 3,233 counties where they back home loans. FHA limits inform borrowers how much is available for an FHA home loan. These new loan limits are effective for case numbers assigned through Dec. 31, 2020.

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January 18, 2020
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FHA.com is a privately owned website, is not a government agency, and does not make loans.

FHA Loan Requirements

Lower Standards for Credit Scores and Down Payments

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.

580 Credit Score
- and only -
3.5% Down


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.

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

FHA Jumbo Loans in 2020

December 30, 2019 - There is no income limit for FHA Jumbo loans, and there is no first-time home buyer requirement. There is, however, a set of rules that apply specifically to Jumbo loans that you’ll want to know about.

Holiday Spending vs. Home Loan Planning

December 29, 2019 - If you already had a plan and a budget going into this holiday spending season, you are likely ahead of the game when it comes to being ready for your mortgage loan process. But if you didn’t have a plan, now’s the time to review your credit and your payment record.

FHA Loans, Income, and Child Support

December 28, 2019 - If you pay alimony, child support, or have a legally binding maintenance agreement with another person, the lender may be required to consider that a financial obligation that counts against your debt-to-income ratio.

When Does Refinancing Require a Credit Check?

December 27, 2019 - If you are looking for a bad credit refinance loan, or are worried that your current credit scores aren’t right for home loan approval, it’s logical that you might wonder if there is a refinance loan that has no credit check.

Five FHA Loan Rules for Down Payments

December 26, 2019 - What do you need to know about the FHA home loan rules for down payments? The first thing to remember is that down payments are required on all FHA purchase loans whether for a Condo loan, a One-Time Close construction loan, or other types of FHA loan used to buy or build a house.

Home Loan Refinancing: Appraisal Required vs. No-Appraisal

December 24, 2019 - If you are interested in refinancing your home loan with an FHA mortgage, you may be confused over the rules . Some FHA refinance loans allow cash back to the borrower while others do not. The requirements for such loans will depend on whether there is cash back or not.

Gettting a Home Loan Even if You Have Credit Problems

December 22, 2019 - If you are considering a home loan in the new year, consider the options open to you with an FHA mortgage. FHA loans are guaranteed by the government for a certain amount of the loan, which makes it easier for the lender to offer you credit even if you have previous negative credit issues. 

One-Time Close Construction Loan Mortgage Payments

December 20, 2019 - One-Time Close loans are meant to streamline the construction loan process by eliminating the need for a separate loans. They reduce two applications, two loan approvals, and two closing dates into a single loan with no worries about being denied for the second loan.

Minimum Credit Scores for FHA Loans

December 19, 2019 - FHA regulations and underwriting requirements are subject to change from time to time. Some of the changes come as part of new laws that close legal loopholes, improve the fairness of the FHA mortgage loan process, or modernize the FHA loan program.

HUD Announces Higher FHA Loan Limits for 2020

December 18, 2019 - The Department of Housing and Urban Development has released the FHA loan limits for 2020. There was an overall increase in the FHA loan limit for many counties. Only 11 jurisdictions saw an FHA loan limit rate decrease.

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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!