St Augustine, St Johns County Real Estate & Home Staging


NE Florida FHA Loan Limits: St Johns, Duval, Nassau, and Clay Counties


If you are moving to Northeast Florida, and planning on using an FHA loan, you may want to know the 2013 FHA Lending Limits.

2013 FHA Lending Limits for St Johns, Duval, Nassau, and Clay Counties

Single Family FHA Limit: $387,500
Duplex FHA Limit: $496,050
Triplex FHA Limit: $599,600
Fourplex FHA Limit: $745,200
The FHA does not lend money, but rather insures money lent. Borrowers can mortgage as much as 96.5% of their loan, and have closing costs paid by sellers. The small 3.5% down payment, as well as looser lending terms (FHA only requires a FICO score of 640 or better), make this an option that nearly half of first time home buyers choose. 
The FHA uses median price estimates for loan limit determination. They evaluate the high-price county within each defined metropolitan area, and the high-price year starting with 2008 and ending in the year just prior to the effective year of the loan limits. These median prices only directly determine the actual (1-unit) loan limits when the calculated limit (115% of the median price) is between the national ceiling and floor values for the loan limits. [from]
If you are considering an FHA loan for your new home purchase, it is important that you understand the FHA lending limits for the area that you are moving. This may help you from searching for homes out of your financing budget. 


 Author Bio: Melissa Marro, Home Staging Industry leader, Realtor, and entrepreneur offers a unique perspective on New Home Construction, Resale Residential Real Estate, and Home Staging

For more information on buying or selling in the Fleming Island, Orange Park, or Jacksonville, area, visit or call Melissa Marro (marro.melissa at, Keller Williams First Coast Realty, for more information (904-466-2093).


Comment balloon 1 commentMelissa Marro • April 08 2013 08:51AM


As a Realtor I do need to know the limits to FHA loans in my area and the agents in you area will need the info also.  Thanks for the info.

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Elite Home Sales Team OC) over 7 years ago

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