Maximum Loan Amount for High-Cost Areas for 2019
+A number of states (including Alaska and Hawaii), Guam, Puerto Rico, and the U.S. Virigin Islands do not have any high-cost areas in 2019.
|Units||Contiguous States, District of Columbia+||Alaska, Guam, Hawaii, and the U.S. Virgin Islands|
2019 Loan Limits Overview
- Loan limits increased for all but 47 counties across the country, including Alaska, Hawaii, Guam, and the U.S. Virgin Islands.
- In those 47 counties, the limits remained unchanged.
- Loan limits did not decrease anywhere in the US and its territories.
2019 High-cost Counties/Metropolitan Statistical Areas (MSA)
- There are high-cost areas within the following states: California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Utah, Virginia, Washington, West Virginia, Wyoming.
- The high-cost area limits published in Lender Letter-2018-05 are the statutory limits provided by FHFA, but should not be used to determine the loan amount. Lenders must find the applicable loan limit for counties/MSAs in the Loan Limit Look-up Table or on FHFA's web page.
Details for Alaska, Hawaii, Guam, and the U.S. Virgin Islands
- The general loan limits significantly increased for Alaska, Hawaii, Guam, and the U.S. Virgin Islands, which resulted in no high-cost areas for those states and territories.
- In 2018, only two counties/MSAs — Honolulu and Kauai — were defined as high-cost areas. There were no high-cost areas in Alaska, Guam, or the U.S. Virgin Islands.
- In 2019, the limits for Honolulu and Kauai increased, but the increase was to the new 2019 general loan limit for Hawaii. There are no high-cost areas in Hawaii in 2019 (or in Alaska, Guam, or the U.S. Virgin Islands).