In {CURRENT_YEAR}, the FHA loan limits for Alabaster county in Shelby, AL are set at {DETAILS_LOAN_LIMIT_FHA1} for single-family homes. For two-unit residences, it's {DETAILS_LOAN_LIMIT_FHA2}, three-unit homes are capped at {DETAILS_LOAN_LIMIT_FHA3}, and four-unit properties have a maximum limit of {DETAILS_LOAN_LIMIT_FHA4}.
Regarding conventional loans, the maximum loan amounts are {DETAILS_LOAN_LIMIT_CONVENTIONAL1} for single residences, {DETAILS_LOAN_LIMIT_CONVENTIONAL2} for two units, {DETAILS_LOAN_LIMIT_CONVENTIONAL3} for three units, and {DETAILS_LOAN_LIMIT_CONVENTIONAL4} for four units.
Utilize our FHA calculator to check today’s best FHA rates and determine the required downpayment, income levels, credit scores, reserves, and documents necessary for qualification.
The Lendersa® calculator allows you to compare FHA rates and terms with other loan programs, including Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans.
Lendersa® quickly matches loan program data from thousands of lenders with your distinct financial profile and needs.
The {CURRENT_YEAR} Loan Limits Comparison Table for Alabaster county of Shelby, AL, compares maximum amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. Use the Lendersa® Super Loan Integrated Qualifier (SLIQ™) to examine qualification conditions such as income, reserves, and credit.
| 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 | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $336,500 | $336,500 | $336,500 | $336,500 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| 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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