New Fha Loan Limits 2024. The federal housing administration (fha) is increasing the “floor” and “ceiling” fha loan limits in 2024 to $498,257 and $1,149,825, respectively, the fha. Each year, the fhfa adjusts the conforming loan limits based on its third quarter house price index (hpi).
To qualify for an fha loan in new jersey, your home loan must be below the local fha loan limits in your area. The federal housing administration (fha) is increasing the “floor” and “ceiling” fha loan limits in 2024 to $498,257 and $1,149,825, respectively, the fha.