This year, 2025, FHA loan limits in Spruce-Pine county of Mitchell, NC are set at $356,362 for a single-family home, $456,275 for two units, $551,500 for three units, and $685,400 for four-unit properties.
For conventional loans, the maximum amounts are $548,250 for a single-family residence, $702,000 for homes with two units, $848,500 for three units, and $1,054,500 for four units.
Use our FHA calculator to discover today’s best FHA rates and determine the necessary downpayment, income, credit score, reserves, and documents required for qualification.
The Lendersa® calculator empowers you to compare FHA rates and terms with those from other loan programs. Explore choices like Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans alongside FHA possibilities.
Lendersa® collects loan program data from thousands of lenders, rapidly comparing it to fit your unique financial profile and needs.
The Loan Limits Comparison Table for 2025 in Spruce-Pine county of Mitchell, NC helps you compare the maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, None-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. Use the Lendersa® Super Loan Integrated Qualifier (SLIQ™) to assess qualification needs such as income, reserves, and credit scores.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $356,362 | $456,275 | $551,500 | $685,400 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $285,000 | $285,000 | $285,000 | $285,000 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| 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
