Pennsylvania FHA Mortgage County Loan Limits

 The FHA has been around since 1934 and will continue to be here to protect your mortgage when other lenders walk away. Should you encounter hard-times after taking a FHA insured mortgage, you will have many options to keep your home and avoid foreclosure because your loan is backed by the full faith of the US Government.

County Name	One-Family	Two-Family	Three-Family	Four-Family
ADAMS	$200,160	$256,248	$309,744	$384,936
ALLEGHENY	$248,900	$280,340	$340,600	$393,000
ARMSTRONG	$248,900	$280,340	$340,600	$393,000
BEAVER	$248,900	$280,340	$340,600	$393,000
BEDFORD	$200,160	$256,248	$309,744	$384,936
BERKS	$228,000	$256,800	$312,000	$384,936
BLAIR	$200,160	$256,248	$309,744	$384,936
BRADFORD	$200,160	$256,248	$309,744	$384,936
BUCKS	$292,685	$329,656	$400,517	$462,135
BUTLER	$248,900	$280,340	$340,600	$393,000
CAMBRIA	$200,160	$256,248	$309,744	$384,936
CAMERON	$200,160	$256,248	$309,744	$384,936
CARBON	$305,666	$349,034	$424,060	$489,300
CENTRE	$212,325	$256,248	$309,744	$384,936
CHESTER	$292,685	$329,656	$400,517	$462,135
CLARION	$200,160	$256,248	$309,744	$384,936
CLEARFIELD	$200,160	$256,248	$309,744	$384,936
CLINTON	$200,160	$256,248	$309,744	$384,936
COLUMBIA	$200,160	$256,248	$309,744	$384,936
CRAWFORD	$200,160	$256,248	$309,744	$384,936
CUMBERLAND	$200,160	$256,248	$309,744	$384,936
DAUPHIN	$200,160	$256,248	$309,744	$384,936
DELAWARE	$292,685	$329,656	$400,517	$462,135
ELK	$200,160	$256,248	$309,744	$384,936
ERIE	$200,160	$256,248	$309,744	$384,936
FAYETTE	$248,900	$280,340	$340,600	$393,000
FOREST	$200,160	$256,248	$309,744	$384,936
FRANKLIN	$200,160	$256,248	$309,744	$384,936
FULTON	$200,160	$256,248	$309,744	$384,936
GREENE	$200,160	$256,248	$309,744	$384,936
HUNTINGDON	$200,160	$256,248	$309,744	$384,936
INDIANA	$200,160	$256,248	$309,744	$384,936
JEFFERSON	$200,160	$256,248	$309,744	$384,936
JUNIATA	$200,160	$256,248	$309,744	$384,936
LACKAWANNA	$200,160	$256,248	$309,744	$384,936
LANCASTER	$291,270	$328,062	$398,580	$459,900
LAWRENCE	$200,160	$256,248	$309,744	$384,936
LEBANON	$200,160	$256,248	$309,744	$384,936
LEHIGH	$305,666	$349,034	$424,060	$489,300
LUZERNE	$200,160	$256,248	$309,744	$384,936
LYCOMING	$200,160	$256,248	$309,744	$384,936
MCKEAN	$200,160	$256,248	$309,744	$384,936
MERCER	$200,160	$256,248	$309,744	$384,936
MIFFLIN	$200,160	$256,248	$309,744	$384,936
MONROE	$200,160	$256,248	$309,744	$384,936
MONTGOMERY	$292,685	$329,656	$400,517	$462,135
MONTOUR	$200,160	$256,248	$309,744	$384,936
NORTHAMPTON	$305,666	$349,034	$424,060	$489,300
NORTHUMBERLAND	$200,160	$256,248	$309,744	$384,936
PERRY	$200,160	$256,248	$309,744	$384,936
PHILADELPHIA	$292,685	$329,656	$400,517	$462,135
PIKE	$362,790	$464,449	$561,411	$697,696
POTTER	$200,160	$256,248	$309,744	$384,936
SCHUYLKILL	$200,160	$256,248	$309,744	$384,936
SNYDER	$200,160	$256,248	$309,744	$384,936
SOMERSET	$200,160	$256,248	$309,744	$384,936
SULLIVAN	$200,160	$256,248	$309,744	$384,936
SUSQUEHANNA	$200,160	$256,248	$309,744	$384,936
TIOGA	$200,160	$256,248	$309,744	$384,936
UNION	$200,160	$256,248	$309,744	$384,936
VENANGO	$200,160	$256,248	$309,744	$384,936
WARREN	$200,160	$256,248	$309,744	$384,936
WASHINGTON	$248,900	$280,340	$340,600	$393,000
WAYNE	$200,160	$256,248	$309,744	$384,936
WESTMORELAND	$248,900	$280,340	$340,600	$393,000
WYOMING	$200,160	$256,248	$309,744	$384,936
YORK	$322,686	$363,446	$441,571	$509,505

All FHA loans are full documentation meaning that you will have to prove that you earn enough income to support the loan. The required debt to income ratios are
31% of your income can be used for your mortgage payment (including your taxes & insurance)
43% of your income can be used for your mortgage payment (including your taxes & insurance) plus any other monthly liabilities like a car payment, credit card minimums, or any other liability appearing on your credit report.

For Example:
If you are borrowing $200,000 at 7% interest, your monthly mortgage payment would be $1330 for principal and interest. If your property taxes were $100 per month and your homeowners insurance were $100 per month your total monthly mortgage payment would be $1530 per month. Your household would have to earn at least $4,935 gross per month or $59,225 gross per year in order to qualify on with a 31% debt to income ratio. This assumes that you have no other monthly liabilities or debt.

If you are borrowing $200,000 at 7% interest, your monthly mortgage payment would be $1,330 for principal and interest. If your property taxes were $100 per month and your homeowners insurance were $100 per month your total monthly mortgage payment would be $1,530 per month. Your household would have to earn $4,935 gross per month or $59,225 gross per year in order to qualify on with a 31% debt to income ratio. If you had some additional liabilities they would need to be added to your mortgage payment and compared to your income using the 43% back end debt to income ratio. Let's say you have a $200 per month car lease and $100 per month in monthly credit card minimum payments. That would bring your total monthly liabilities to $1830. Your household would have to earn $4,255 per month or $51,069 gross per year in order to qualify with a 43% back end ratio.

Another way to look at it is from a prospective of how much mortgage you can afford per month based on your income. For example if you make $60,000 per year ($5,000 per month), you can qualify for a mortgage with a total monthly payment of $1,550 per month as long as your total monthly payments including your mortgage, taxes, insurance and other debt doesn't exceed $2,150 per month.

If all of this seems confusing, don't worry. That is why our friendly FHA mortgage loan officers are here to assist you. We will be happy to run a scenario for you and show you exactly how much you can afford to borrow. Call us toll free at (888) ME-FIRST that's (888) 633-4778 or Contact Us online. We’ll show you how quick and easy it is to get started saving money.