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What Are FHA Loan Limits?
The Federal Housing Administration (FHA), part of HUD, insures loans to help make homeownership more accessible, especially for first-time buyers. FHA loan limits set a cap on how much you can borrow under FHA mortgage insurance rules. For 2025, FHA loan limits in New York range from $524,225 for a standard single‑family home to $1,209,750 in high‑cost metro areas like New York City.
2025 FHA Loan Limits in New York Metro Counties
Below is a summary of the 2025 FHA limits for single-family (1-unit) homes in key counties:
- Bronx, Kings (Brooklyn), New York (Manhattan), Queens, Richmond (Staten Island), Nassau, Suffolk, Putnam, Rockland, Westchester: $1,209,750
- All Other NY Counties (e.g., Albany, Erie, Dutchess): $524,225
Multi‑unit homes have higher limits:
| Units | Standard Limit | High‑Cost Area |
| Duplex (2‑unit) | $671,200 | $1,548,975 |
| Triplex (3‑unit) | $811,275 | $1,872,225 |
| Four‑plex (4‑unit) | $1,008,300 | $2,326,875 |
Why Limits Differ by County
FHA limits are based on the median home prices across counties. Major metro areas with high property values—like New York City and its suburbs—hit the FHA “ceiling” of $1,209,750 for single‑family homes. These limits are recalculated yearly to reflect real estate trends.
Buyer’s Checklist: Will Your Property Qualify?
To qualify under FHA limits, your purchase must:
- Be within the county-specific limit (see above).
- Be owner‑occupied, as FHA loans are for primary residences only .
- Meet basic FHA criteria:
- Minimum 580 credit score (3.5% down) or 500 (10% down).
- Acceptable debt-to-income ratio.
- Home appraisal and inspection approval.
- Minimum 580 credit score (3.5% down) or 500 (10% down).
How to Maximize Your FHA Loan
Tip 1: Leverage High-Cost Limits
If you’re buying in NYC or Westchester, you can qualify for up to $1.209M—maximize your options in hot markets.
Tip 2: Consider Multi-Unit Homes
Buying a duplex or four-plex lets you secure higher loan amounts—ideal for generating rental income.
Tip 3: Plan for Multi-Unit Purchases
For two‑ to four‑unit properties, ensure monthly proposed rent exceeds 1% of the purchase price to qualify.
FAQ
What is the minimum FHA loan limit in the New York metro?
The base (floor) limit is $524,225 for one-unit homes in all non‑high‑cost counties.
Can I get an FHA loan above the limit with down payment?
No. FHA insurance caps the loan at the county limit. For larger loans, look into conventional or jumbo mortgages.
Do limits reset every year?
Yes. FHA updates limits annually based on HUD and FHFA median home price data.
Ready to move forward?
- Check your county’s FHA limit to ensure your dream home falls within allowable thresholds.
- Speak with an FHA-approved lender or loan officer to explore your options and get pre-approved.
- Download our free FHA Loan Planning Guide to estimate your financing needs.
Read Next
- FHA First-Time Homebuyer Loan: Your Path to Homeownership
- The Top 5 FAQs About FHA Loans in Michigan
Stay informed, plan wisely, and take the next step toward buying your home in the New York metro area.
Get Expert Financing
- Matched with investor-friendly lenders
- Fast pre-approvals-no W2s required
- Financing options fro rentals, BRRRR, STRs
- Scale your portfolio with confidence
Our advice is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of owning a home. We may receive compensation from partner banks when you view mortgage rates listed on our website.
