FHA has announced the 2020 nationwide and individual county loan limits, effective for FHA case numbers assigned on or after January 1, 2020.
FHA Maximum Loan Limits 2020
Most counties will have increased loan limits in 2020, however, due to technical changes made to the makeup of certain Metropolitan Statistical Areas (MSAs), eleven jurisdictions will see decreases in county loan limits. Maximum loan limits can be found at the following FHA link. NewRez systems have been updated to reflect these limits.
As a reminder, FHA loan limits are for Base Loan amounts and can be exceeded by the financed UFMIP amount for the loan.
Please see the Product Profile for full details.
FHA Mortgagee Letter 2019-19 2020 Nationwide Forward Mortgage Limits