Increase in 2018 FHA and VA Loan Limits Announced

Home / Blog / Increase in 2018 FHA and VA Loan Limits Announced

Increase in 2018 FHA and VA Loan Limits Announced


FHA 2018 Loan Limits

The Federal Housing Administration (FHA) published both Mortgagee Letter 2017-16 2017 Nationwide Forward Mortgage Limits and Mortgagee Letter 2017-17 2018 Nationwide Home Equity Conversion Mortgage (HECM) Limits. Forward Mortgage and HECM loan limits are published separately due to forward mortgages having been incorporated into HUD Handbook 4000.1 Single Family Housing Policy Handbook 4000.1 (Section II.A.2a.ii). 2018 loan limits are effective for case numbers assigned on or after January 1, 2018.


For FHA Forward Mortgages Loan Limits increased in most areas.


For High Cost Areas the FHA national high cost area mortgage limits have increased by property unit number, as follows:

  • One-unit: $679,650

  • Two-unit: $870,225

  • Three-unit: $1,051,875

  • Four-unit: $1,307,175


For Special Exceptions for Alaska and Hawaii, mortgage limits are adjusted by FHA to account for higher cost of construction. These special exception areas have a higher ceiling as follows:

  • One-unit: $1,019,475

  • Two-unit: $1,305,325

  • Three-unit: $1,577,800

  • Four-unit: $1,960,750


For FHA HECM Mortgages the HECM nationwide claim amount for 2018 has increased to $679,650 for all areas.


2018 VA Loan Limits

VA has announced their 2018 loan limits. VA’s 2018 Loan Limits are the same as the Federal Housing Finance Agency’s limits. The 2018 county limits are effective with loans funded on or after January 1, 2018.



County limits do not apply to IRRRL transactions. VA will guarantee 25% of the principal balance on the IRRRL, regardless of whether the loan exceeds the limit for the particular county.

6a779462 15f1 4774 a560 4de1d8c663d8 cdac9391 1111 4629 9742 ff1c61adde70 81b1428e fa51 4825 ae5c 0b1399dad47a fdc98bba 8b40 47ea 92a6 a4bbc23583db de2ac419 3f01 4348 8a76 5e58a8fb126e 61c37509 0c89 4122 86cc e60fa71f8f33 31238ec6 3115 4baa aa63 1a93f476dc45 732fb386 b2a0 469a af97 36f8a56187f4 f2b556f1 839b 40c3 85e5 f520ec40b9ef 708461fe 5c30 4844 8fb6 901a5daa2231 4433798a 1208 46e4 8166 dc27d1d660a3 9f221bd8 6269 43c5 8044 163489065699 1a14ed46 da2c 4cee af10 07618674d64f 7fcc8282 9c3f 489b 9d73 f5ced268ef54 06f29a01 53c8 4744 9709 1e3a0445ab82 67a35300 87ec 493a 8df8 39a8cb08bad2 0379de52 2f79 4811 a258 95c804f9c2ab 229749a7 b27f 4b59 9dc4 c86f5bd93afe 65825e88 e6c9 4a3e af0c 33e29fa1f2cc fd3c6003 ddcc 44f4 a0e8 ebcc519489f5 a2269a26 8c89 4fea aee3 d844183fde5b 6b3d54a5 16d9 4a6a 84c3 2f0e4aff1945 69c1234c b0b5 4b47 88bd b68014664b66