Homes sold by Jessica Harless | FHA Limits

FHA Loan Maximum Increase for 2022

Good news, the maximum loan amounts for FHA and Conventional Conforming is going up about 18% in 2022, and are effective 1-1-2022

New FHA loan limit for Harris and surrounding counties will be $420,680 – up from $356,362

New Conventional Conforming limit will be $647,200 –up from $548,250.

This is great news for FHA buyers that can now borrow over $64,000 more in 2022 using the more flexible FHA loan

This is really great news for conventional buyers, who can borrow almost $99,000 more, without having to use the more stringent NON conforming loan products 

If you are thinking about a move in 2022, now is the time to reach out to your local lender. If you don’t have a lender you know and trust. I can provide you with a list of several who have helped my past clients.  When you are ready to start your home search or list your home- let’s talk!

Together we’ll make your dream home your NextHome!

courtesy of:
Amal Boulos
Sr. Loan Officer | Network Funding, LP