2022 FHA Loan Limits: Floor Rises to $420,680; Ceiling to $970,800
Industry Update
December 1, 2021
Source: www.thetruthaboutmortgage.com
Similar to the FHFA, the U.S. Department of Housing and Urban Development (HUD) announces maximum loan limits each year for FHA loans.
Today, they unveiled the 2022 FHA loan limits, which like the 2022 conforming loan limits, will be significantly higher than the limits in effect this year.
This is thanks to continued home price appreciation, and the fact that the calculation of the FHA loan limits is driven by the conforming loan limit itself.
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