The maximum conforming loan limits for mortgages the Federal Housing Administration will insure will increase in 2019, the agency said today. The loan limit in lower-cost areas will be $314,827, or 65 percent of the national conforming loan limit of $484,350. In high-cost areas, the limit will be $726,525, the FHA said. FHA-insured reverse mortgages will be capped at $726,525. Approximately 82 percent of U.S. counties are considered lower-cost areas, with 2.3 percent at the ceiling and the rest somewhere in between.
FHA Announces New Loan Limits for 2019
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