In {CURRENT_YEAR}, the FHA loan limit within Boaz county of Marshall, AL is set at {DETAILS_LOAN_LIMIT_FHA1} for a single-family dwelling. It rises to {DETAILS_LOAN_LIMIT_FHA2} for 2-units, {DETAILS_LOAN_LIMIT_FHA3} for 3-units, and {DETAILS_LOAN_LIMIT_FHA4} for properties with 4-units.
The cap for conventional loans on a single-family residence is {DETAILS_LOAN_LIMIT_CONVENTIONAL1}. This increases to {DETAILS_LOAN_LIMIT_CONVENTIONAL2} for homes with two units, {DETAILS_LOAN_LIMIT_CONVENTIONAL3} for three units, and peaks at {DETAILS_LOAN_LIMIT_CONVENTIONAL4} for four-unit properties.
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The Loan Limits Comparison Table for {CURRENT_YEAR} in Boaz, in Marshall, AL, provides a breakdown of FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money maximum loan values. To compare qualification essentials like income, reserves, and credit, use 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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