In {CURRENT_YEAR}, the FHA loan limit in Choccolocco, within Calhoun county, AL, is {DETAILS_LOAN_LIMIT_FHA1} for a single-family home, {DETAILS_LOAN_LIMIT_FHA2} for two-units, {DETAILS_LOAN_LIMIT_FHA3} for three-units, and {DETAILS_LOAN_LIMIT_FHA4} for four-units.
The maximum amount for conventional loans on a single-family residence is {DETAILS_LOAN_LIMIT_CONVENTIONAL1}. The limits for two-units, three-units, and four-units are {DETAILS_LOAN_LIMIT_CONVENTIONAL2}, {DETAILS_LOAN_LIMIT_CONVENTIONAL3}, and {DETAILS_LOAN_LIMIT_CONVENTIONAL4}, respectively.
Use our FHA calculator to discover today’s best FHA rates, and to determine the necessary downpayment, income, credit, reserves, and documentation required for qualification.
The Lendersa® calculator facilitates comparison of FHA rates and terms with other loan programs. Investigate and compare options such as Conventional loans, Jumbo loans, VA, USDA, Non-QM, and hard money loans along with FHA.
Lendersa® aggregates loan program data from thousands of lenders, offering rapid assessments against your unique financial profile and needs.
The Loan Limits Comparison Table for {CURRENT_YEAR} in Choccolocco, Calhoun county, AL, contrasts FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money maximum loan amounts. To evaluate qualification criteria like 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 | $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 |
|
|
|
|
|
|
|
|
|
|
|
FHA Guides
TYPES OF LOANS WE HANDLE:
CITIES CLOSE BY:
"The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night..."
NMLS 1795154
