New 2019 FHA Loan Limits in Miami, and FHA Approved Condos List
Dec 19, 2018 December 19, 2018
Good news for home and condo buyers with low down payments. FHA loans have new higher limits in 2019 that allow you to get into a few select condos with just 3% down and sometimes more flexible loan terms than conventional loans.
FHA maximim loan limits for single family (including condos) has gone up to $356,500 from last year’s $345,000, which is more than a 3% increase for the year.
2019 FHA Loan Limits in Miami-Dade County
(includes areas CondoBlackBook.com tracks such as:
Miami, Miami Beach, Key Biscayne, Sunny Isles, Aventura)
(Homes & Condos)
|Four-Family (Four-plex)||Last Revised|
|NEW FHA LOAN LIMITS EFF 1/2019||$356,500||$456,350||$551,650||$685,550||12/17/2018|
|Previous FHA Loan Limits||$345,000||$441,650||$533,850||$663,450||12/01/2017|
FHA Approved Condos
|Brickell on the River South||31 SE 5th St||Miami||Brickell||5/31/2019|
|Key Colony II||251 Crandon Blvd||Key Biscayne||Key Biscayne||3/29/2020|
|Seacoast 5151||5151 Collins Ave||Miami Beach||Mid-Beach||1/31/2019|
|Toscano Condominium||7350 and 7355 SW 89th St||Kendall||Downtown Dadeland||12/11/2019|
Feel free to contact us to discuss your purchasing and FHA lender options.