FHA loans are mortgage loans insured by the Federal Housing Administration that are issued by federally qualified FHA lenders. District of Columbia FHA loans allow prospective homeowners to borrow money for the purchase of homes that they would not otherwise be able to afford. To find out how much you can borrow, check the table below for the District of Columbia FHA loan limits by county.
In order to obtain an FHA loan, borrowers must satisfy District of Columbia FHA Loan Requirements. While loans guaranteed by the Federal Housing Administration include fairly lenient qualifications, borrowers must satisfy requirements regarding down payment, debt to income ratio, income and residency. To obtain an FHA mortgage loan, borrowers must also meet DC FHA Loan Credit Score Requirements, which generally require borrowers to have a credit score of 530 or higher.
As mentioned above, FHA loans can be originated by qualified FHA loan lenders in DC. These lenders have received approval from the U.S. Department of Housing and Urban Development (HUD) and are qualified to issue all types of FHA loans, including FHA Streamline Refinances, FHA 203k Loans, and FHA Loans for the purchase of FHA-Approved Condos.
County Name | One-Family | Two-Family | Three-Family | Four-Family |
DISTRICT OF COL | $729,750 | $934,200 | $1,129,250 | $1,403,400 |
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