2023 Florida FHA Loan Limits By County
| County | 2023 One-Unit Loan Limit | 2023 Two-Unit Loan Limit | 2023 Three-Unit Loan Limit | 2023 Four-Unit Loan Limit |
|---|---|---|---|---|
| ALACHUA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| BAKER | $ 526,700 | $ 674,250 | $ 815,050 | $ 1,012,900 |
| BAY | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| BRADFORD | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| BREVARD | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| BROWARD | $ 557,750 | $ 714,000 | $ 863,100 | $ 1,072,600 |
| CALHOUN | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| CHARLOTTE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| CITRUS | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| CLAY | $ 526,700 | $ 674,250 | $ 815,050 | $ 1,012,900 |
| COLLIER | $ 672,750 | $ 861,250 | $ 1,041,050 | $ 1,293,750 |
| COLUMBIA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| DESOTO | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| DIXIE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| DUVAL | $ 526,700 | $ 674,250 | $ 815,050 | $ 1,012,900 |
| ESCAMBIA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| FLAGLER | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| FRANKLIN | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| GADSDEN | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| GILCHRIST | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| GLADES | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| GULF | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HAMILTON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HARDEE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HENDRY | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HERNANDO | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HIGHLANDS | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HILLSBOROUGH | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| HOLMES | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| INDIAN RIVER | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| JACKSON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| JEFFERSON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LAFAYETTE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LAKE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LEE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LEON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LEVY | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| LIBERTY | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| MADISON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| MANATEE | $ 506,000 | $ 647,750 | $ 783,000 | $ 973,100 |
| MARION | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| MARTIN | $ 500,250 | $ 640,400 | $ 774,100 | $ 962,050 |
| MIAMI-DADE | $ 557,750 | $ 714,000 | $ 863,100 | $ 1,072,600 |
| MONROE | $ 874,000 | $ 1,118,900 | $ 1,352,450 | $ 1,680,800 |
| NASSAU | $ 526,700 | $ 674,250 | $ 815,050 | $ 1,012,900 |
| OKALOOSA | $ 603,750 | $ 772,900 | $ 934,250 | $ 1,161,050 |
| OKEECHOBEE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| ORANGE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| OSCEOLA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| PALM BEACH | $ 557,750 | $ 714,000 | $ 863,100 | $ 1,072,600 |
| PASCO | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| PINELLAS | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| POLK | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| PUTNAM | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| SANTA ROSA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| SARASOTA | $ 506,000 | $ 647,750 | $ 783,000 | $ 973,100 |
| SEMINOLE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| ST. JOHNS | $ 526,700 | $ 674,250 | $ 815,050 | $ 1,012,900 |
| ST. LUCIE | $ 500,250 | $ 640,400 | $ 774,100 | $ 962,050 |
| SUMTER | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| SUWANNEE | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| TAYLOR | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| UNION | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| VOLUSIA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| WAKULLA | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
| WALTON | $ 603,750 | $ 772,900 | $ 934,250 | $ 1,161,050 |
| WASHINGTON | $ 472,030 | $ 604,400 | $ 730,525 | $ 907,900 |
Florida FHA Loan Limits for Different Counties in 2023: What Homebuyers Need to Know
When it comes to purchasing a home in Florida, understanding the Florida FHA loan limits is crucial for homebuyers seeking financing options. The Federal Housing Administration (FHA) sets these limits, which determine the maximum loan amount that can be insured by the FHA. In this blog post, we’ll explore the updated FHA loan limits for various counties in Florida in 2023, providing valuable insights to potential homebuyers.
Understanding FHA Loan Limits:
FHA loans are government-backed mortgages insured by the Federal Housing Administration. These loans are designed to help individuals and families, including first-time homebuyers, achieve homeownership by offering more lenient qualification criteria and lower down payment requirements compared to conventional loans.
Loan Limits for FHA Loans by Florida Counties:
The FHA loan limits for different counties in Florida have been adjusted for 2023 to reflect changes in housing prices. These limits vary based on the median home prices in each county. Here are some notable FHA loan limits for select Florida counties:
Miami-Dade FHA Loan Limits:
In Miami-Dade County, the FHA loan limit for a single-family home in 2023 is $557,750. This means that homebuyers in this county can secure an FHA-insured loan up to this amount while enjoying the benefits of FHA financing.
Broward County FHA Loan Limits:
For Broward County, the maximum FHA loan limit for a single-family home in 2023 is also $557,750. Homebuyers in Broward County can take advantage of this limit to finance their home purchases within the FHA loan guidelines.
Orange County FHA Loan Limits:
Orange County, which encompasses areas such as Orlando, has an FHA loan limit of $472,030 for single-family homes in 2023. This limit provides an affordable financing option for homebuyers in this region.
Palm Beach County Loan Limits:
Palm Beach County has an FHA loan limit of $557,750 for single-family homes in 2023. Homebuyers in this desirable county can benefit from FHA-backed financing while purchasing properties within this limit.
It’s important to note that FHA loan limits can vary for multi-unit properties, such as duplexes, triplexes, and fourplexes. These limits are typically higher to accommodate the increased cost of purchasing these types of properties.
Conclusion:
Understanding the FHA loan limits in Florida’s counties is essential for homebuyers exploring financing options. These limits determine the maximum loan amount eligible for FHA insurance and can play a significant role in purchasing a home. By being aware of the FHA loan limits in their specific county, homebuyers can make informed decisions about their budgets and financing strategies.
To navigate the FHA loan process effectively, it’s recommended to consult with a trusted FHA loan specialist like Conquest Mortgage. They can provide personalized guidance, help determine eligibility, and guide homebuyers through the FHA loan application process. With the right assistance, homebuyers can leverage FHA loans to achieve their homeownership goals in Florida’s dynamic real estate market.
