In {CURRENT_YEAR}, the FHA loan limit set for Knik-Fairview within Matanuska-Susitna county of AK is {DETAILS_LOAN_LIMIT_FHA1} for a single-family home, {DETAILS_LOAN_LIMIT_FHA2} for two-unit dwellings, {DETAILS_LOAN_LIMIT_FHA3} for properties with three units, and {DETAILS_LOAN_LIMIT_FHA4} for four-unit buildings.
The cap for conventional loans on a single-family residence is {DETAILS_LOAN_LIMIT_CONVENTIONAL1}. For two units, the limit is {DETAILS_LOAN_LIMIT_CONVENTIONAL2}, increasing to {DETAILS_LOAN_LIMIT_CONVENTIONAL3} for three units, and reaching {DETAILS_LOAN_LIMIT_CONVENTIONAL4} for four-unit properties.
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The Loan Limits Comparison Table for {CURRENT_YEAR} in Knik-Fairview, part of Matanuska-Susitna county, AK, presents comparisons of maximum loan amounts across FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To analyze qualification requirements such as income, reserves, and credit, use the Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $472,030 | $604,400 | $730,525 | $907,900 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |
| USDA | $413,700 | $413,700 | $413,700 | $413,700 |
| VA | $1,089,300 | $1,394,775 | $1,685,850 | $2,095,200 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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