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2019 FHA Loan Limits in West Virginia

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

West Virginia is currently experiencing a hot seller’s market, with home values up from last year and researchers predicting a continued increase in values through 2020. With median home prices right around $160,000 and median household incomes at $44,000 (as of 2017), it’s no wonder that prospective buyers are turning to FHA loans for help buying property.

Each year the Federal Housing Administration (FHA) insures mortgages for homebuyers all over the country. But to keep its risk at an acceptable level, it regulates the amounts of these loans according to the cost of living for each county. The most recent study of its kind by the U.S. Department of Housing and Urban Development (HUD) reports that 3,700 FHA loans were granted to West Virginia residents in 2016, for a total of $500 million in funding.

This year’s loan limits for West Virginia range from $314,827 for most of the state, to $726,525 in high-cost areas like Jefferson county.

West Virginia FHA Loan Limits by County

County NameOne-FamilyTwo-FamilyThree-FamilyFour-FamilyMedian Sale Price
BARBOUR$314,827 $403,125 $487,250 $605,525 $65,000
BERKELEY$314,827 $403,125 $487,250 $605,525 $185,000
BOONE$314,827 $403,125 $487,250 $605,525 $129,000
BRAXTON$314,827 $403,125 $487,250 $605,525 $90,000
BROOKE$314,827 $403,125 $487,250 $605,525 $94,000
CABELL$314,827 $403,125 $487,250 $605,525 $158,000
CALHOUN$314,827 $403,125 $487,250 $605,525 $85,000
CLAY$314,827 $403,125 $487,250 $605,525 $129,000
DODDRIDGE$314,827 $403,125 $487,250 $605,525 $120,000
FAYETTE$314,827 $403,125 $487,250 $605,525 $104,000
GILMER$314,827 $403,125 $487,250 $605,525 $90,000
GRANT$314,827 $403,125 $487,250 $605,525 $139,000
GREENBRIER$314,827 $403,125 $487,250 $605,525 $117,000
HAMPSHIRE$314,827 $403,125 $487,250 $605,525 $264,000
HANCOCK$314,827 $403,125 $487,250 $605,525 $94,000
HARDY$314,827 $403,125 $487,250 $605,525 $90,000
HARRISON$314,827 $403,125 $487,250 $605,525 $120,000
JACKSON$314,827 $403,125 $487,250 $605,525 $121,000
JEFFERSON$726,525 $930,300 $1,124,475 $1,397,400 $768,000
KANAWHA$314,827 $403,125 $487,250 $605,525 $129,000
LEWIS$314,827 $403,125 $487,250 $605,525 $99,000
LINCOLN$314,827 $403,125 $487,250 $605,525 $158,000
LOGAN$314,827 $403,125 $487,250 $605,525 $91,000
MARION$314,827 $403,125 $487,250 $605,525 $100,000
MARSHALL$314,827 $403,125 $487,250 $605,525 $119,000
MASON$314,827 $403,125 $487,250 $605,525 $111,000
MCDOWELL$314,827 $403,125 $487,250 $605,525 $36,000
MERCER$314,827 $403,125 $487,250 $605,525 $93,000
MINERAL$314,827 $403,125 $487,250 $605,525 $96,000
MINGO$314,827 $403,125 $487,250 $605,525 $75,000
MONONGALIA$314,827 $403,125 $487,250 $605,525 $198,000
MONROE$314,827 $403,125 $487,250 $605,525 $109,000
MORGAN$314,827 $403,125 $487,250 $605,525 $148,000
NICHOLAS$314,827 $403,125 $487,250 $605,525 $55,000
OHIO$314,827 $403,125 $487,250 $605,525 $119,000
PENDLETON$314,827 $403,125 $487,250 $605,525 $113,000
PLEASANTS$314,827 $403,125 $487,250 $605,525 $111,000
POCAHONTAS$314,827 $403,125 $487,250 $605,525 $120,000
PRESTON$314,827 $403,125 $487,250 $605,525 $198,000
PUTNAM$314,827 $403,125 $487,250 $605,525 $158,000
RALEIGH$314,827 $403,125 $487,250 $605,525 $104,000
RANDOLPH$314,827 $403,125 $487,250 $605,525 $106,000
RITCHIE$314,827 $403,125 $487,250 $605,525 $86,000
ROANE$314,827 $403,125 $487,250 $605,525 $94,000
SUMMERS$314,827 $403,125 $487,250 $605,525 $95,000
TAYLOR$314,827 $403,125 $487,250 $605,525 $120,000
TUCKER$314,827 $403,125 $487,250 $605,525 $85,000
TYLER$314,827 $403,125 $487,250 $605,525 $94,000
UPSHUR$314,827 $403,125 $487,250 $605,525 $119,000
WAYNE$314,827 $403,125 $487,250 $605,525 $158,000
WEBSTER$314,827 $403,125 $487,250 $605,525 $71,000
WETZEL$314,827 $403,125 $487,250 $605,525 $92,000
WIRT$314,827 $403,125 $487,250 $605,525 $99,000
WOOD$314,827 $403,125 $487,250 $605,525 $99,000
WYOMING$314,827 $403,125 $487,250 $605,525 $71,000
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How are FHA loan limits calculated?

FHA loan limits are are determined by the annual conforming loan limit, which is the largest conventional loan Fannie Mae and Freddie Mac will buy. The conforming loan limit for 2019 is $484,350.

The FHA “floor” limit represents the largest mortgage the FHA will back for single-family homes in low-cost areas. This number increased in 2019 from $294,515 to $314,827. The FHA also provides a “ceiling” limit that relates to high-cost areas and is based on 150% of the conforming loan limit. The 2019 ceiling is set at $726,525, which is also the maximum limit for West Virginia.

Are you eligible for an FHA loan in West Virginia?

FHA loans offer numerous incentives for qualifying borrowers, including flexible eligibility requirements (such as lower credit score requirements), lower down payment requirements, and even the possibility of closing cost assistance. To determine eligibility, lenders will assess your income and debt levels, credit score and ability to make a down payment.

You can learn more about FHA loans and qualifications by reading our complete guide to FHA loans.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Larissa Runkle
Larissa Runkle |

Larissa Runkle is a writer at MagnifyMoney. You can email Larissa here

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2019 FHA Loan Limits in Utah

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

The housing market in Utah remains somewhat tight— particularly in areas with high population growth like Salt Lake City. Large construction projects like the one in South Jordan, Utah, are expected to meet some of this increasing demand for moderately priced single-family homes, with nearly half of all buyers in the state shopping for property priced under $300,000.Each year, the Federal Housing Administration (FHA) grants thousands of loans to homebuyers in every state, and in 2018 roughly 1.5% of all of these loans were received by Utah residents. In 2016, the most recent year for this report, 21,800 loans were granted in Utah for a total of $4.5 billion in funding.

FHA loan limits are adjusted annually to account for the rising cost of living, and the 2019 FHA loan limits for single-family homes in Utah range from $314,827 to $726,525.

Utah FHA Loan Limits by County

County NameOne-FamilyTwo-FamilyThree-FamilyFour-FamilyMedian Sale Price
BEAVER$314,827 $403,125 $487,250 $605,525 $240,000
BOX ELDER$401,350 $513,800 $621,050 $771,850 $349,000
CACHE$314,827 $403,125 $487,250 $605,525 $250,000
CARBON$314,827 $403,125 $487,250 $605,525 $132,000
DAGGETT$314,827 $403,125 $487,250 $605,525 $237,000
DAVIS$401,350 $513,800 $621,050 $771,850 $349,000
DUCHESNE$314,827 $403,125 $487,250 $605,525 $200,000
EMERY$314,827 $403,125 $487,250 $605,525 $155,000
GARFIELD$314,827 $403,125 $487,250 $605,525 $182,000
GRAND$314,827 $403,125 $487,250 $605,525 $256,000
IRON$314,827 $403,125 $487,250 $605,525 $219,000
JUAB$377,200 $482,850 $583,700 $725,400 $328,000
KANE$314,827 $403,125 $487,250 $605,525 $215,000
MILLARD$314,827 $403,125 $487,250 $605,525 $159,000
MORGAN$401,350 $513,800 $621,050 $771,850 $349,000
PIUTE$314,827 $403,125 $487,250 $605,525 $156,000
RICH$314,827 $403,125 $487,250 $605,525 $195,000
SALT LAKE$388,700 $497,600 $601,500 $747,500 $338,000
SAN JUAN$314,827 $403,125 $487,250 $605,525 $158,000
SANPETE$314,827 $403,125 $487,250 $605,525 $203,000
SEVIER$314,827 $403,125 $487,250 $605,525 $168,000
SUMMIT$726,525 $930,300 $1,124,475 $1,397,400 $670,000
TOOELE$388,700 $497,600 $601,500 $747,500 $338,000
UINTAH$314,827 $403,125 $487,250 $605,525 $219,000
UTAH$377,200 $482,850 $583,700 $725,400 $328,000
WASATCH$462,300 $591,800 $715,400 $889,050 $402,000
WASHINGTON$349,600 $447,550 $540,950 $672,300 $304,000
WAYNE$314,827 $403,125 $487,250 $605,525 $224,000
WEBER$401,350 $513,800 $621,050 $771,850 $349,000
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How are FHA loan limits determined?

FHA loan limits represent the maximum mortgage amount covered by the administration in a given year. These limits are calculated according to 115% of the median home price in that county. This year, over 3,000 U.S. counties saw an increase in loan limits.

FHA loan limits are set by the U.S. Department of Housing and Urban Development (HUD) based on that year’s conforming loan limit, which in 2019 is $484,350.

The FHA “floor” limit represents the largest single-family home mortgage the FHA will insure in low-cost areas. In 2019 this number increased from $294,515 to $314,827. The FHA “ceiling” relates to high-cost areas and is calculated based on 150% of the conforming loan limit. This year’s ceiling limit is set at $726,525, which is also the maximum limit for Utah.

Do you qualify for an FHA loan in Utah?

There are a lot of reasons you may be looking into an FHA loan, including the flexible loan qualifications and closing cost assistance. To determine your eligibility for an FHA loan, a lender will likely look at things like your credit score and income to debt ratio as well as your ability to make a down payment.

To learn more about FHA loans and if you qualify, see our complete guide to FHA loans.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Larissa Runkle
Larissa Runkle |

Larissa Runkle is a writer at MagnifyMoney. You can email Larissa here

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2019 FHA Loan Limits in North Dakota

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Despite a relatively balanced market in North Dakota, buyers still struggle to find affordable housing. That’s where FHA loans may come in handy. FHA loans are insured by the Federal Housing Administration and designed to make homeownership more affordable by requiring a lower credit score and down payment than many conventional mortgages.

The FHA issued more than 2,500 of these loans to North Dakota residents in 2016. Those loans amounted to half a billion dollars in funding.

Each year the FHA adjusts borrowing limits to account for the rising cost of living. The 2019 limits for single-family homes in North Dakota range from $314,827 to $339,250.

North Dakota FHA Loan Limits by County

County NameOne-FamilyTwo-FamilyThree-FamilyFour-FamilyMedian Sale Price
ADAMS$314,827 $403,125 $487,250 $605,525 $115,000
BARNES$314,827 $403,125 $487,250 $605,525 $150,000
BENSON$314,827 $403,125 $487,250 $605,525 $100,000
BILLINGS$339,250 $434,300 $524,950 $652,400 $174,000
BOTTINEAU$314,827 $403,125 $487,250 $605,525 $145,000
BOWMAN$314,827 $403,125 $487,250 $605,525 $101,000
BURKE$314,827 $403,125 $487,250 $605,525 $73,000
BURLEIGH$314,827 $403,125 $487,250 $605,525 $268,000
CASS$314,827 $403,125 $487,250 $605,525 $228,000
CAVALIER$314,827 $403,125 $487,250 $605,525 $109,000
DICKEY$314,827 $403,125 $487,250 $605,525 $86,000
DIVIDE$314,827 $403,125 $487,250 $605,525 $147,000
DUNN$314,827 $403,125 $487,250 $605,525 $141,000
EDDY$314,827 $403,125 $487,250 $605,525 $74,000
EMMONS$314,827 $403,125 $487,250 $605,525 $58,000
FOSTER$314,827 $403,125 $487,250 $605,525 $121,000
GOLDEN VALLEY$314,827 $403,125 $487,250 $605,525 $97,000
GRAND FORKS$314,827 $403,125 $487,250 $605,525 $215,000
GRANT$314,827 $403,125 $487,250 $605,525 $54,000
GRIGGS$314,827 $403,125 $487,250 $605,525 $68,000
HETTINGER$314,827 $403,125 $487,250 $605,525 $94,000
KIDDER$314,827 $403,125 $487,250 $605,525 $98,000
LAMOURE$314,827 $403,125 $487,250 $605,525 $54,000
LOGAN$314,827 $403,125 $487,250 $605,525 $75,000
MCHENRY$314,827 $403,125 $487,250 $605,525 $209,000
MCINTOSH$314,827 $403,125 $487,250 $605,525 $176,000
MCKENZIE$314,827 $403,125 $487,250 $605,525 $225,000
MCLEAN$314,827 $403,125 $487,250 $605,525 $136,000
MERCER$314,827 $403,125 $487,250 $605,525 $183,000
MORTON$314,827 $403,125 $487,250 $605,525 $268,000
MOUNTRAIL$314,827 $403,125 $487,250 $605,525 $145,000
NELSON$314,827 $403,125 $487,250 $605,525 $68,000
OLIVER$314,827 $403,125 $487,250 $605,525 $268,000
PEMBINA$314,827 $403,125 $487,250 $605,525 $89,000
PIERCE$314,827 $403,125 $487,250 $605,525 $134,000
RAMSEY$314,827 $403,125 $487,250 $605,525 $132,000
RANSOM$314,827 $403,125 $487,250 $605,525 $128,000
RENVILLE$314,827 $403,125 $487,250 $605,525 $209,000
RICHLAND$314,827 $403,125 $487,250 $605,525 $124,000
ROLETTE$314,827 $403,125 $487,250 $605,525 $86,000
SARGENT$314,827 $403,125 $487,250 $605,525 $95,000
SHERIDAN$314,827 $403,125 $487,250 $605,525 $86,000
SIOUX$314,827 $403,125 $487,250 $605,525 $268,000
SLOPE$314,827 $403,125 $487,250 $605,525 $134,000
STARK$314,827 $403,125 $487,250 $605,525 $254,000
STEELE$314,827 $403,125 $487,250 $605,525 $52,000
STUTSMAN$314,827 $403,125 $487,250 $605,525 $170,000
TOWNER$314,827 $403,125 $487,250 $605,525 $65,000
TRAILL$314,827 $403,125 $487,250 $605,525 $130,000
WALSH$314,827 $403,125 $487,250 $605,525 $85,000
WARD$314,827 $403,125 $487,250 $605,525 $209,000
WELLS$314,827 $403,125 $487,250 $605,525 $65,000
WILLIAMS$330,050 $422,500 $510,700 $634,700 $255,000
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How are FHA loan limits calculated?

This year saw an increase in FHA loan limits in more than 3,000 counties nationwide. Limits represent the maximum mortgage amounts insured by the FHA. The limits are calculated based on 115% of the median home price in a given county.

The U.S. Department of Housing and Urban Development (HUD) sets FHA loan limits based on the conforming loan limit — how large of a mortgage Fannie Mae and Freddie Mac will purchase. In 2019, the conforming loan limit is $484,350.

The FHA “floor” is the largest single-family home mortgage the agency will insure in low-cost areas and is set at $314,827 for 2019. The FHA “ceiling” applies to high-cost areas and is set at 150% of the conforming loan limit, or $726,525.

The FHA loan limit for all counties in North Dakota except Billings and Williams is $314,827. In Williams, the limit is 330,050, and in Billings, it’s $339,250.

Do you qualify for an FHA loan in North Dakota?

FHA loans were designed to make homeownership more accessible, and they offer quite a few benefits for homebuyers in need of a little assistance. Eligibility is determined by individual lenders based on your credit score, debts, income level and other factors.

To learn more about FHA loans and eligibility requirements read MagnifyMoney’s complete guide to FHA mortgages.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Larissa Runkle
Larissa Runkle |

Larissa Runkle is a writer at MagnifyMoney. You can email Larissa here

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