2013 FHA Loan Limits For California(CA), Oregon(OR) And Washington(WA)
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Federal Housing Administration (FHA) recently announced 2013 maximum loan limits for California, Oregon and Washington FHA mortgages. While the “floor” and maximum high-cost limit remained the same nationally, for some counties the loan limits changed.
Every county will at least have the “floor” as their loan limit, also called FHA’s minimum loan amount limit per below. One-unit applies to Single family residence (SFR), Condominiums and Townhomes.
- One-Unit: $271,050
- Two-Unit: $347,000
- Three-Unit: $419,425
- Four-Unit: $521,250
For high-cost areas the maximum FHA loan limits for 2013 would be:
- One-Unit: $729,750
- Two-Unit: $934,200
- Three-Unit: $1,129,250
- Four-Unit: $1,403,400
The counties in California eligible for the maximum loan limit of $729,750 for one-unit properties are:
- Alameda County
- Contra Costa County
- Los Angeles County
- Marin County
- Monterey County
- Napa County
- Orange County
- San Benito County
- San Francisco County
- San Mateo County
- Santa Barbara County
- Santa Clara County
- Santa Cruz County
None of the counties in Oregon and Washington are eligible for the maximum loan limit of $729,750 for one-unit properties.
The counties in Washington with maximum 2013 FHA loan limit over $500,000 are:
- King County – $567,500
- Pierce County – $567,500
- San Juan County – $593,750
- Snohomish County – $567,500
The counties in Oregon with maximum 2013 FHA loan limit over $400,000 are:
- Clackamas County – $418,750
- Columbia County – $418,750
- Deschutes County – $447,500
- Jackson County – $422,500
- Multnomah County – $418,750
- Washington County – $418,750
- Yamhill County – $418,750
If you don’t see your county in the list above, contact me and I will find out the loan limit for your area.
You may also like to read – Complete Guide to FHA Mortgage Insurance Premium
