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FHA Mortgage Limits revised

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Arizona FHA Mortgage Limits by County

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Revised 12/30/2008

MSA Name MSA Code Division One-Family Two-Family Three-Family Four-Family Last Revised Limit Year
NON-METRO 99999   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
SIERRA VISTA-DOUGLAS, AZ (MICRO) 43420   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
FLAGSTAFF, AZ (MSA) 22380   $362,250 $463,750 $560,550 $696,650 01/01/2009 CY2009
PAYSON, AZ (MICRO) 37740   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
SAFFORD, AZ (MICRO) 40940   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
SAFFORD, AZ (MICRO) 40940   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
NON-METRO 99999   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
PHOENIX-MESA-SCOTTSDALE, AZ (MSA) 38060   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
LAKE HAVASU CITY-KINGMAN, AZ (MICRO) 29420   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
NON-METRO 43320   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
TUCSON, AZ (MSA) 46060   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
PHOENIX-MESA-SCOTTSDALE, AZ (MSA) 38060   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
NOGALES, AZ (MICRO) 35700   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
PRESCOTT, AZ (MSA) 39140   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009
YUMA, AZ (MSA) 49740   $271,050 $347,000 $419,425 $521,250 01/01/2009 CY2009

 

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The CY2009 basic standard mortgage limits for FHA insured loans are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $271,050.00   $347,000.00   $419,425.00   $521,250.00  
  HECM   $417,000.00      
  HOPE for Homeowners   $550,440.00      
  Fannie/Freddie   $417,000.00   $533,850.00   $645,300.00   $801,950.00  

High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limits
The ceilings for CY2009 are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  
  HECM   $417,000.00      
  Fannie/Freddie   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  

Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new CY2009 ceilings for these areas of:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  
  Fannie/Freddie   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  




The CY2009 basic standard mortgage limits for FHA insured loans are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $271,050.00   $347,000.00   $419,425.00   $521,250.00  
  HECM   $417,000.00      
  HOPE for Homeowners   $550,440.00      
  Fannie/Freddie   $417,000.00   $533,850.00   $645,300.00   $801,950.00  

High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limits
The ceilings for CY2009 are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  
  HECM   $417,000.00      
  Fannie/Freddie   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  

Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new CY2009 ceilings for these areas of:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  
  Fannie/Freddie   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  

 

 
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