In the year 2026, the FHA loan limit set for Gaffney county within Cherokee, SC, stands at $472,030 for a single-family home. If you are considering properties with two units, the maximum limit rises to $604,400. For homes that have three units, the cap extends to $730,525, and for those consisting of four units, it reaches $907,900. Understanding these limits is essential for planning your purchase or refinance under FHA guidelines as it helps define the financing boundaries available to you.
With conventional loans, the maximum loan amount for a single-family home is set at $726,200. For a house with two units, the amount increases to $929,850. In cases where the property comprises three units, the cap is $1,123,900, and for those including four units, the ceiling reaches $1,396,800. These limits are vital when assessing the potential borrowing power through conventional loan avenues, structured depending on the number of units.
Using our FHA calculator, you can swiftly discover the best FHA loan rates available today. Additionally, it helps in determining the necessary details including down payment, income requirements, credit status, reserves needed, and essential documents to qualify for a loan. This tool is designed to offer clear guidance, ensuring you are well-prepared for the mortgage application process.
Browse through and compare comprehensive loan offers from 100 different lenders, providing a broad overview of the most competitive options matched to your financial goals.
The Lendersa® calculator functions effectively to let you compare and evaluate FHA loan rates and terms alongside those of numerous other loan programs. Conduct an extensive analysis covering Conventional loans, Jumbo loans, VA loans, USDA loans, Non-QM, and hard money loans, allowing an in-depth understanding relative to FHA offerings. This ensures you are making the most comprehensive and informed decision for your financial strategy.
Lendersa® efficiently compiles a vast amount of loan data sourced from a great many lenders, accurately tailoring these offers according to your specific financial profile and needs.
The Loan Limits Comparison Table for 2026, pertinent to Gaffney county in Cherokee, SC, provides a detailed perspective on maximum loan amounts, including FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To thoroughly assess qualification criteria like income, reserves, and credit benchmarks, utilize the Lendersa® Super Loan Integrated Qualifier (SLIQ™) for a rich, structured analysis.
| 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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