The Federal Housing Authority (FHA) recently announced its 2015 loan limits effective with case numbers issued between January 1, 2015, and December 31, 2015.
The maximum FHA loan limit (ceiling) for most areas remains at the 2014 level of $625,500 for a one-unit property. The minimum FHA loan limit (floor) for all areas remains at the 2014 level of $271,050 for a one-unit property. There are no jurisdictions with a decrease in loan limits from the 2014 levels. Streamline refinances without an appraisal are not subject to these limits.