2019 FHA Loan Limits in North Carolina

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Updated on Friday, April 5, 2019

Are you a North Carolina resident planning on buying a home? If so, you may be considering a Federal Housing Administration (FHA) loan. A 2016 FHA report found that 16.7% of all FHA mortgages in the country came from the Tar Heel state. The data, which is the most recent available, showed 18,322 of the 109,937 of the homes financed in North Carolina in 2015 were purchased through FHA loans.

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In 2018, 2.62% of all FHA loans in the U.S. came from North Carolina. According to the National Association of Realtors (NAR), home prices in the state have slightly increased over the past year.

According to NAR, the median home price for an existing single-family home in the Durham-Chapel Hill area during the third quarter of 2018 was $282,200. It was $287,800 in Raleigh and $245,000 in Charlotte. When compared with the third quarter in 2017, these prices increased by 7.6%, also 7.6% and 5.1%, respectively.

Each year, FHA conforming loan limits are set and adjusted to reflect the change in average U.S. home prices. In 2019, the FHA loan limits for a single-family home in North Carolina depend on the county and range from $314,826 to $726,525.

Here, we’ll take a closer look into the North Carolina FHA loan limits by county and explain how these limits are determined.

North Carolina FHA Loan Limits by County

County NameOne-FamilyTwo-FamilyThree-FamilyFour-FamilyMedian Sale Price
ALAMANCE$314,827 $403,125 $487,250 $605,525 $159,000
ALEXANDER$314,827 $403,125 $487,250 $605,525 $133,000
ALLEGHANY$314,827 $403,125 $487,250 $605,525 $76,000
ANSON$314,827 $403,125 $487,250 $605,525 $60,000
ASHE$314,827 $403,125 $487,250 $605,525 $100,000
AVERY$314,827 $403,125 $487,250 $605,525 $150,000
BEAUFORT$314,827 $403,125 $487,250 $605,525 $133,000
BERTIE$314,827 $403,125 $487,250 $605,525 $35,000
BLADEN$314,827 $403,125 $487,250 $605,525 $60,000
BRUNSWICK$314,827 $403,125 $487,250 $605,525 $206,000
BUNCOMBE$314,827 $403,125 $487,250 $605,525 $258,000
BURKE$314,827 $403,125 $487,250 $605,525 $133,000
CABARRUS$317,400 $406,300 $491,150 $610,400 $276,000
CALDWELL$314,827 $403,125 $487,250 $605,525 $133,000
CAMDEN$726,525 $930,300 $1,124,475 $1,397,400 $239,000
CARTERET$314,827 $403,125 $487,250 $605,525 $219,000
CASWELL$314,827 $403,125 $487,250 $605,525 $62,000
CATAWBA$314,827 $403,125 $487,250 $605,525 $133,000
CHATHAM$403,650 $516,750 $624,600 $776,250 $351,000
CHEROKEE$314,827 $403,125 $487,250 $605,525 $120,000
CHOWAN$314,827 $403,125 $487,250 $605,525 $122,000
CLAY$314,827 $403,125 $487,250 $605,525 $150,000
CLEVELAND$314,827 $403,125 $487,250 $605,525 $100,000
COLUMBUS$314,827 $403,125 $487,250 $605,525 $80,000
CRAVEN$314,827 $403,125 $487,250 $605,525 $180,000
CUMBERLAND$314,827 $403,125 $487,250 $605,525 $165,000
CURRITUCK$458,850 $587,400 $710,050 $882,400 $308,000
DARE$391,000 $500,550 $605,050 $751,900 $300,000
DAVIDSON$314,827 $403,125 $487,250 $605,525 $157,000
DAVIE$314,827 $403,125 $487,250 $605,525 $157,000
DUPLIN$314,827 $403,125 $487,250 $605,525 $63,000
DURHAM$403,650 $516,750 $624,600 $776,250 $351,000
EDGECOMBE$314,827 $403,125 $487,250 $605,525 $126,000
FORSYTH$314,827 $403,125 $487,250 $605,525 $157,000
FRANKLIN$339,250 $434,300 $524,950 $652,400 $295,000
GASTON$317,400 $406,300 $491,150 $610,400 $276,000
GATES$458,850 $587,400 $710,050 $882,400 $308,000
GRAHAM$314,827 $403,125 $487,250 $605,525 $95,000
GRANVILLE$314,827 $403,125 $487,250 $605,525 $175,000
GREENE$314,827 $403,125 $487,250 $605,525 $97,000
GUILFORD$314,827 $403,125 $487,250 $605,525 $158,000
HALIFAX$314,827 $403,125 $487,250 $605,525 $70,000
HARNETT$314,827 $403,125 $487,250 $605,525 $169,000
HAYWOOD$314,827 $403,125 $487,250 $605,525 $258,000
HENDERSON$314,827 $403,125 $487,250 $605,525 $258,000
HERTFORD$314,827 $403,125 $487,250 $605,525 $50,000
HOKE$314,827 $403,125 $487,250 $605,525 $165,000
HYDE$483,000 $618,300 $747,400 $928,850 $147,000
IREDELL$317,400 $406,300 $491,150 $610,400 $276,000
JACKSON$314,827 $403,125 $487,250 $605,525 $210,000
JOHNSTON$339,250 $434,300 $524,950 $652,400 $295,000
JONES$314,827 $403,125 $487,250 $605,525 $180,000
LEE$314,827 $403,125 $487,250 $605,525 $140,000
LENOIR$314,827 $403,125 $487,250 $605,525 $73,000
LINCOLN$317,400 $406,300 $491,150 $610,400 $276,000
MACON$314,827 $403,125 $487,250 $605,525 $150,000
MADISON$314,827 $403,125 $487,250 $605,525 $258,000
MARTIN$314,827 $403,125 $487,250 $605,525 $47,000
MCDOWELL$314,827 $403,125 $487,250 $605,525 $86,000
MECKLENBURG$317,400 $406,300 $491,150 $610,400 $276,000
MITCHELL$314,827 $403,125 $487,250 $605,525 $101,000
MONTGOMERY$314,827 $403,125 $487,250 $605,525 $73,000
MOORE$314,827 $403,125 $487,250 $605,525 $243,000
NASH$314,827 $403,125 $487,250 $605,525 $126,000
NEW HANOVER$314,827 $403,125 $487,250 $605,525 $240,000
NORTHAMPTON$314,827 $403,125 $487,250 $605,525 $70,000
ONSLOW$314,827 $403,125 $487,250 $605,525 $158,000
ORANGE$403,650 $516,750 $624,600 $776,250 $351,000
PAMLICO$314,827 $403,125 $487,250 $605,525 $180,000
PASQUOTANK$726,525 $930,300 $1,124,475 $1,397,400 $239,000
PENDER$314,827 $403,125 $487,250 $605,525 $240,000
PERQUIMANS$726,525 $930,300 $1,124,475 $1,397,400 $239,000
PERSON$403,650 $516,750 $624,600 $776,250 $351,000
PITT$314,827 $403,125 $487,250 $605,525 $155,000
POLK$314,827 $403,125 $487,250 $605,525 $210,000
RANDOLPH$314,827 $403,125 $487,250 $605,525 $158,000
RICHMOND$314,827 $403,125 $487,250 $605,525 $67,000
ROBESON$314,827 $403,125 $487,250 $605,525 $57,000
ROCKINGHAM$314,827 $403,125 $487,250 $605,525 $158,000
ROWAN$317,400 $406,300 $491,150 $610,400 $276,000
RUTHERFORD$314,827 $403,125 $487,250 $605,525 $120,000
SAMPSON$314,827 $403,125 $487,250 $605,525 $65,000
SCOTLAND$314,827 $403,125 $487,250 $605,525 $70,000
STANLY$314,827 $403,125 $487,250 $605,525 $130,000
STOKES$314,827 $403,125 $487,250 $605,525 $157,000
SURRY$314,827 $403,125 $487,250 $605,525 $90,000
SWAIN$314,827 $403,125 $487,250 $605,525 $120,000
TRANSYLVANIA$314,827 $403,125 $487,250 $605,525 $213,000
TYRRELL$391,000 $500,550 $605,050 $751,900 $300,000
UNION$317,400 $406,300 $491,150 $610,400 $276,000
VANCE$314,827 $403,125 $487,250 $605,525 $65,000
WAKE$339,250 $434,300 $524,950 $652,400 $295,000
WARREN$314,827 $403,125 $487,250 $605,525 $124,000
WASHINGTON$314,827 $403,125 $487,250 $605,525 $60,000
WATAUGA$314,827 $403,125 $487,250 $605,525 $210,000
WAYNE$314,827 $403,125 $487,250 $605,525 $115,000
WILKES$314,827 $403,125 $487,250 $605,525 $100,000
WILSON$314,827 $403,125 $487,250 $605,525 $113,000
YADKIN$314,827 $403,125 $487,250 $605,525 $157,000
YANCEY$314,827 $403,125 $487,250 $605,525 $136,000

How are FHA loan limits calculated?

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

Also known as the “floor,” the largest mortgage the agency will issue to the majority of the country is $314,827, or 65% of the conforming loan limit, for 2019. The “ceiling” applies to high-cost areas and is set at 150% of the conforming loan limit, or $726,525. While there are a few exceptions, this is typically the highest amount that will be insured for a single-family home.

Here are the 2019 standard FHA limits for all property types:

  • One-unit: $314,827
  • Two-unit: $403,125
  • Three-unit: $487,250
  • Four-unit: $605,525

Here are the 2019 standard FHA limits for high-cost areas:

  • One-unit: $726,525
  • Two-unit: $930,300
  • Three-unit: $1,124,475
  • Four-unit: $1,397,400

Do you qualify for an FHA loan in North Carolina?

An FHA loan may be able to help you purchase the home of your dreams in North Carolina. For more information on 2019 FHA loan limits and to determine whether you qualify for an FHA loan in the Tar Heel state, check out our complete guide to FHA loans.