2019 FHA Loan Limits in Tennessee

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

Updated on Friday, April 5, 2019

If you want to buy a home in Tennessee, you may be wondering how you’re going to finance it. If conventional loans seem out of reach, it’s worth considering a mortgage backed by the Federal Housing Administration, or FHA. FHA loans have low credit score and down payment requirements, and they often allow a higher debt-to-income ratio than conventional loans, making them attractive to buyers who don’t qualify for conventional mortgages.

See Mortgage Rate Quotes for Your Home

See RatesSee RatesSee RatesTerms Apply. NMLS ID# 1136

By clicking “See Rates”, you will be directed to LendingTree. Based on your creditworthiness, you may be matched with up to five different lenders in our partner network.

FHA loans are growing in popularity with Tennessee residents. Between 2014 and 2015 (the latest data available), the share of Tennessee homebuyers taking out FHA loans increased 4 percentage points. They accounted for a quarter of all mortgage loans in the state in 2015. In 2018, 2.68% of all FHA loans in the country were made to Tennessee residents, up from 2.49% the year prior.

If you go for an FHA loan, keep in mind that these mortgages are subject to limits on the amount you can borrow. Those limits adjust every year to reflect home price changes, and there are limits for low-cost areas and high-cost areas, with some counties subject to limits in between.

Tennessee is fairly densely populated, with a mix of urban and rural areas. In 2019, many counties in Tennessee are classified as low-cost areas by the federal government, with some notable exceptions. The 2019 FHA loan limit range for single-family homes in Tennessee is between $314,827 and $534,750.

Tennessee FHA loan limits by county

County NameOne-FamilyTwo-FamilyThree-FamilyFour-FamilyMedian Sale Price
ANDERSON$314,827 $403,125 $487,250 $605,525 $180,000
BEDFORD$314,827 $403,125 $487,250 $605,525 $145,000
BENTON$314,827 $403,125 $487,250 $605,525 $42,000
BLEDSOE$314,827 $403,125 $487,250 $605,525 $29,000
BLOUNT$314,827 $403,125 $487,250 $605,525 $180,000
BRADLEY$314,827 $403,125 $487,250 $605,525 $144,000
CAMPBELL$314,827 $403,125 $487,250 $605,525 $180,000
CANNON$534,750 $684,550 $827,500 $1,028,350 $465,000
CARROLL$314,827 $403,125 $487,250 $605,525 $60,000
CARTER$314,827 $403,125 $487,250 $605,525 $153,000
CHEATHAM$534,750 $684,550 $827,500 $1,028,350 $465,000
CHESTER$314,827 $403,125 $487,250 $605,525 $120,000
CLAIBORNE$314,827 $403,125 $487,250 $605,525 $70,000
CLAY$314,827 $403,125 $487,250 $605,525 $45,000
COCKE$314,827 $403,125 $487,250 $605,525 $56,000
COFFEE$314,827 $403,125 $487,250 $605,525 $120,000
CROCKETT$314,827 $403,125 $487,250 $605,525 $120,000
CUMBERLAND$314,827 $403,125 $487,250 $605,525 $97,000
DAVIDSON$534,750 $684,550 $827,500 $1,028,350 $465,000
DECATUR$314,827 $403,125 $487,250 $605,525 $46,000
DEKALB$314,827 $403,125 $487,250 $605,525 $77,000
DICKSON$534,750 $684,550 $827,500 $1,028,350 $465,000
DYER$314,827 $403,125 $487,250 $605,525 $64,000
FAYETTE$314,827 $403,125 $487,250 $605,525 $204,000
FENTRESS$314,827 $403,125 $487,250 $605,525 $59,000
FRANKLIN$314,827 $403,125 $487,250 $605,525 $120,000
GIBSON$314,827 $403,125 $487,250 $605,525 $70,000
GILES$314,827 $403,125 $487,250 $605,525 $80,000
GRAINGER$314,827 $403,125 $487,250 $605,525 $180,000
GREENE$314,827 $403,125 $487,250 $605,525 $84,000
GRUNDY$314,827 $403,125 $487,250 $605,525 $41,000
HAMBLEN$314,827 $403,125 $487,250 $605,525 $125,000
HAMILTON$314,827 $403,125 $487,250 $605,525 $179,000
HANCOCK$314,827 $403,125 $487,250 $605,525 $30,000
HARDEMAN$314,827 $403,125 $487,250 $605,525 $48,000
HARDIN$314,827 $403,125 $487,250 $605,525 $55,000
HAWKINS$314,827 $403,125 $487,250 $605,525 $140,000
HAYWOOD$314,827 $403,125 $487,250 $605,525 $82,000
HENDERSON$314,827 $403,125 $487,250 $605,525 $74,000
HENRY$314,827 $403,125 $487,250 $605,525 $60,000
HICKMAN$534,750 $684,550 $827,500 $1,028,350 $465,000
HOUSTON$314,827 $403,125 $487,250 $605,525 $35,000
HUMPHREYS$314,827 $403,125 $487,250 $605,525 $76,000
JACKSON$314,827 $403,125 $487,250 $605,525 $144,000
JEFFERSON$314,827 $403,125 $487,250 $605,525 $125,000
JOHNSON$314,827 $403,125 $487,250 $605,525 $50,000
KNOX$314,827 $403,125 $487,250 $605,525 $180,000
LAKE$314,827 $403,125 $487,250 $605,525 $45,000
LAUDERDALE$314,827 $403,125 $487,250 $605,525 $58,000
LAWRENCE$314,827 $403,125 $487,250 $605,525 $68,000
LEWIS$314,827 $403,125 $487,250 $605,525 $56,000
LINCOLN$314,827 $403,125 $487,250 $605,525 $91,000
LOUDON$314,827 $403,125 $487,250 $605,525 $180,000
MACON$534,750 $684,550 $827,500 $1,028,350 $465,000
MADISON$314,827 $403,125 $487,250 $605,525 $120,000
MARION$314,827 $403,125 $487,250 $605,525 $179,000
MARSHALL$314,827 $403,125 $487,250 $605,525 $145,000
MAURY$534,750 $684,550 $827,500 $1,028,350 $465,000
MCMINN$314,827 $403,125 $487,250 $605,525 $95,000
MCNAIRY$314,827 $403,125 $487,250 $605,525 $59,000
MEIGS$314,827 $403,125 $487,250 $605,525 $78,000
MONROE$314,827 $403,125 $487,250 $605,525 $97,000
MONTGOMERY$314,827 $403,125 $487,250 $605,525 $170,000
MOORE$314,827 $403,125 $487,250 $605,525 $120,000
MORGAN$314,827 $403,125 $487,250 $605,525 $180,000
OBION$314,827 $403,125 $487,250 $605,525 $70,000
OVERTON$314,827 $403,125 $487,250 $605,525 $144,000
PERRY$314,827 $403,125 $487,250 $605,525 $35,000
PICKETT$314,827 $403,125 $487,250 $605,525 $72,000
POLK$314,827 $403,125 $487,250 $605,525 $144,000
PUTNAM$314,827 $403,125 $487,250 $605,525 $144,000
RHEA$314,827 $403,125 $487,250 $605,525 $107,000
ROANE$314,827 $403,125 $487,250 $605,525 $180,000
ROBERTSON$534,750 $684,550 $827,500 $1,028,350 $465,000
RUTHERFORD$534,750 $684,550 $827,500 $1,028,350 $465,000
SCOTT$314,827 $403,125 $487,250 $605,525 $40,000
SEQUATCHIE$314,827 $403,125 $487,250 $605,525 $179,000
SEVIER$314,827 $403,125 $487,250 $605,525 $165,000
SHELBY$314,827 $403,125 $487,250 $605,525 $204,000
SMITH$534,750 $684,550 $827,500 $1,028,350 $465,000
STEWART$314,827 $403,125 $487,250 $605,525 $69,000
SULLIVAN$314,827 $403,125 $487,250 $605,525 $140,000
SUMNER$534,750 $684,550 $827,500 $1,028,350 $465,000
TIPTON$314,827 $403,125 $487,250 $605,525 $204,000
TROUSDALE$534,750 $684,550 $827,500 $1,028,350 $465,000
UNICOI$314,827 $403,125 $487,250 $605,525 $153,000
UNION$314,827 $403,125 $487,250 $605,525 $180,000
VAN BUREN$314,827 $403,125 $487,250 $605,525 $42,000
WARREN$314,827 $403,125 $487,250 $605,525 $80,000
WASHINGTON$314,827 $403,125 $487,250 $605,525 $153,000
WAYNE$314,827 $403,125 $487,250 $605,525 $35,000
WEAKLEY$314,827 $403,125 $487,250 $605,525 $70,000
WHITE$314,827 $403,125 $487,250 $605,525 $89,000
WILLIAMSON$534,750 $684,550 $827,500 $1,028,350 $465,000
WILSON$534,750 $684,550 $827,500 $1,028,350 $465,000

How are FHA loan limits calculated?

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

The FHA “floor” is the loan limit in low-cost areas and is set at 65% of the conforming loan limit, or $314,827 for 2019. Most of the country falls into this category.

The FHA “ceiling” applies to high-cost areas and is set at 150% of the conforming loan limit, or $726,525. This is the highest mortgage the agency will insure for a single-family home, except for specific cases. In other areas, loan limits fall somewhere between the FHA floor and ceiling.

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

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 nationwide:

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

Are you eligible for an FHA loan in Tennessee?

An FHA loan might be right for you if the home you are buying meets the FHA purchase price requirements for your county in Tennessee. You still must qualify for the loan in other ways, including your credit score, income and amount you have saved for a down payment. Visit MagnifyMoney’s complete FHA loan guide to learn more. LendingTree is the parent company of MagnifyMoney