In {CURRENT_YEAR}, for Watertown county within Codington, SD, FHA loan limits are: {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 conventional loan amount for a single-family residence is {DETAILS_LOAN_LIMIT_CONVENTIONAL1}. For two units, it’s {DETAILS_LOAN_LIMIT_CONVENTIONAL2}, for three units it rises to {DETAILS_LOAN_LIMIT_CONVENTIONAL3}, and for four units, it reaches {DETAILS_LOAN_LIMIT_CONVENTIONAL4}.
Utilizing our FHA calculator to find today’s optimal FHA rates, you can determine the necessary downpayment, income, credit, reserves, and documentation required to qualify.
The Lendersa® calculator allows for a comprehensive comparison of FHA rates and terms with those of other loan programs. Explore and assess options, including Conventional loans, Jumbo loans, VA, USDA, Non-QM, and hard money loans alongside FHA options.
Lendersa® collects extensive loan program data from thousands of lenders, performing rapid comparisons against your unique financial profile and requirements.
The Loan Limits Comparison Table for {CURRENT_YEAR} in Watertown county, Codington, SD, compares maximum loan amounts across FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To review qualification criteria such as 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 |
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