In the year 2026, the FHA loan limit in Somerville, located in the county of Fayette, TN, is $472,030 for a single-family home. For properties with two units, the limit is $604,400, while it is $730,525 for 3-units, and $907,900 for 4-unit buildings.
The maximum loan amounts for conventional loans are $726,200 for a single-family home. For 2-unit residences, the amount is set at $929,850, for 3-units it's $1,123,900, and $1,396,800 for 4-unit properties.
Utilize our FHA calculator to find out today’s FHA best rates and understand the necessary downpayment, income, credit score, reserves, and documentation required for qualification.
The Lendersa® calculator allows you to compare FHA rates and terms alongside all other loan programs. You can explore and compare multiple loans such as Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans, in addition to FHA.
Lendersa® efficiently collects data from thousands of lenders and rapidly aligns it with your unique financial profile, enabling tailored comparisons in seconds.
For 2026, the Loan Limits Comparison Table in Somerville, Fayette, TN, facilitates the comparison of FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money maximum loan amounts. To review qualification necessities like income, reserves, and credit, employ 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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