In the year 2026, the FHA loan limits in Andalusia county, Covington, AL are as follows: $472,030 for a single-family home, $604,400 for 2-unit properties, $730,525 for 3-unit homes, and $907,900 for 4-unit residences.
For conventional loans, the maximum amounts on a single-family residence are $726,200, rising to $929,850 for two units, $1,123,900 for three units, and $1,396,800 for homes with four units.
Use our FHA calculator to view today’s optimal FHA rates and assess the downpayment, income, credit, reserves, and documents needed to qualify.
The Lendersa® calculator enables you to directly compare FHA rates and terms with those of other loan programs. Assess and contrast options like Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans with FHA terms.
Lendersa® aggregates extensive data from thousands of lenders, offering rapid comparisons tailored to your financial needs and unique profile.
For 2026, the Loan Limits Comparison Table for Andalusia within Covington, AL helps in comparing FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans' maximum amounts. To examine qualification factors like income, reserves, and credit, utilize 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 | $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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