Maximum FHA Loan Limits Have Been Lowered

by Keith Landis on January 8, 2014

Maximum loan amounts for Pennsylvania FHA Mortgages have changed. These amounts have been lowered to in most counties in PA.

Why have they been lowered?

The Housing and Economic Recovery Act of 2008, also known as HERA, limited FHA insurable loan amounts to 115 percent of a county’s median home price. In an attempt to make FHA mortgages more available during the housing crisis, Congress passed temporary increases to this 115 percent cap shortly after HERA was initially enacted. Further extensions were passed as the housing crisis dragged on. Now the last extension is finally expiring. Essentially, the maximum loan amounts for Pennsylvania FHA Mortgages is reverting back to pre-2008 levels.

Below are the maximum loan amounts for FHA Mortgages in each Pennsylvania County. The maximum loan amount is also influenced by the type of property that will be financed. Multi-unit properties allow for higher loan amounts.

Pennsylvania Counties One-Family Two-Family Three-Family Four-Family MSA
Adams  County $271,050 $347,000 $419,425 $521,250 GETTYSBURG, PA
Allegheny  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Armstrong  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Beaver  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Bedford  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Berks  County $271,050 $347,000 $419,425 $521,250 READING, PA
Blair  County $271,050 $347,000 $419,425 $521,250 ALTOONA, PA
Bradford  County $271,050 $347,000 $419,425 $521,250 SAYRE, PA
Bucks  County $379,500 $485,800 $587,250 $729,800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
Butler  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Cambria  County $271,050 $347,000 $419,425 $521,250 JOHNSTOWN, PA
Cameron  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Carbon  County $372,600 $477,000 $576,550 $716,550 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
Centre  County $271,050 $347,000 $419,425 $521,250 STATE COLLEGE, PA
Chester  County $379,500 $485,800 $587,250 $729,800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
Clarion  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Clearfield  County $271,050 $347,000 $419,425 $521,250 DUBOIS, PA
Clinton  County $271,050 $347,000 $419,425 $521,250 LOCK HAVEN, PA
Columbia  County $271,050 $347,000 $419,425 $521,250 BLOOMSBURG-BERWICK, PA
Crawford  County $271,050 $347,000 $419,425 $521,250 MEADVILLE, PA
Cumberland  County $271,050 $347,000 $419,425 $521,250 HARRISBURG-CARLISLE, PA
Dauphin  County $271,050 $347,000 $419,425 $521,250 HARRISBURG-CARLISLE, PA
Delaware  County $379,500 $485,800 $587,250 $729,800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
Elk  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Erie  County $271,050 $347,000 $419,425 $521,250 ERIE, PA
Fayette  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Forest  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Franklin  County $271,050 $347,000 $419,425 $521,250 CHAMBERSBURG-WAYNESBORO, PA
Fulton  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Greene  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Huntingdon  County $271,050 $347,000 $419,425 $521,250 HUNTINGDON, PA
Indiana  County $271,050 $347,000 $419,425 $521,250 INDIANA, PA
Jefferson  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Juniata  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Lackawanna  County $271,050 $347,000 $419,425 $521,250 SCRANTON–WILKES-BARRE–HAZLETON, PA
Lancaster  County $271,050 $347,000 $419,425 $521,250 LANCASTER, PA
Lawrence  County $271,050 $347,000 $419,425 $521,250 NEW CASTLE, PA
Lebanon  County $271,050 $347,000 $419,425 $521,250 LEBANON, PA
Lehigh  County $372,600 $477,000 $576,550 $716,550 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
Luzerne  County $271,050 $347,000 $419,425 $521,250 SCRANTON–WILKES-BARRE–HAZLETON, PA
Lycoming  County $271,050 $347,000 $419,425 $521,250 WILLIAMSPORT, PA
Mckean  County $271,050 $347,000 $419,425 $521,250 BRADFORD, PA
Mercer  County $271,050 $347,000 $419,425 $521,250 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA
Mifflin  County $271,050 $347,000 $419,425 $521,250 LEWISTOWN, PA
Monroe  County $271,050 $347,000 $419,425 $521,250 EAST STROUDSBURG, PA
Montgomery  County $379,500 $485,800 $587,250 $729,800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
Montour  County $271,050 $347,000 $419,425 $521,250 BLOOMSBURG-BERWICK, PA
Northampton  County $372,600 $477,000 $576,550 $716,550 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ
Northumberland  County $271,050 $347,000 $419,425 $521,250 SUNBURY, PA
Perry  County $271,050 $347,000 $419,425 $521,250 HARRISBURG-CARLISLE, PA
Philadelphia  County $379,500 $485,800 $587,250 $729,800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-D
Pike  County $625,500 $800,775.00 $967,950 $1,202,925.00 NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA
Potter  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Schuylkill  County $271,050 $347,000.00 $419,425 $521,250.00 POTTSVILLE, PA
Snyder  County $271,050 $347,000 $419,425 $521,250 SELINSGROVE, PA
Somerset  County $271,050 $347,000 $419,425 $521,250 SOMERSET, PA
Sullivan  County $271,050 $347,000.00 $419,425 $521,250.00 NON-METRO
Susquehanna  County $271,050 $347,000.00 $419,425 $521,250.00 NON-METRO
Tioga  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Union  County $271,050 $347,000 $419,425 $521,250 LEWISBURG, PA
Venango  County $271,050 $347,000 $419,425 $521,250 OIL CITY, PA
Warren  County $271,050 $347,000 $419,425 $521,250 WARREN, PA
Washington  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Wayne  County $271,050 $347,000 $419,425 $521,250 NON-METRO
Westmoreland  County $271,050 $347,000 $419,425 $521,250 PITTSBURGH, PA
Wyoming  County $271,050 $347,000 $419,425 $521,250 SCRANTON–WILKES-BARRE–HAZLETON, PA
York  County $271,050 $347,000 $419,425 $521,250 YORK-HANOVER, PA

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