What are the FHA maximum loan amounts as of 2015?


Quick Answer

The maximum FHA loan amount for 2015 varies according to the type of housing structure and the borrower's state and county of residence, according to FHA.com. A list of lending limits by state and county is available at FHA.com.

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Full Answer

The Federal Housing Administration is a government agency that insures mortgage loans from certain approved lenders, states FHA.com. It is the largest mortgage loan insurer in the world. There are several different types of FHA mortgage programs including fixed rate, adjustable rate, secure refinancing and reverse mortgages. FHA-insured mortgages require the homeowner to carry mortgage insurance, and FHA guidelines require a certain debt-to-income ratio for borrowers.

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