Anchorage Municipality, AK 2019 FHA Loan Limits

Last Updated: Wed, January 2, 2019

FHA Loan Limits — Anchorage Municipality, AK

$401,350 Single Family
$513,800 Duplex
$621,050 Tri-plex
$771,850 Four-plex

Fannie/Freddie (Conventional) Loan Limits — Anchorage Municipality, AK

$726,525 Single Family
$930,300 Duplex
$1,124,475 Tri-plex
$1,397,400 Four-plex

HECM Loan Limits — Anchorage Municipality, AK

$726,525 All Home Sizes
2019 Alaska High Cost Limits

Local Loan Limits — Anchorage Municipality, AK

Loan Limit Summary

Limits for FHA Loans in Anchorage Municipality, Alaska range from $401,350 for single family homes to $771,850 for four-plex. Any apartment with more than 4 units is considered commercial and does not quality for an FHA loan. Conventional Loan Limits in Anchorage Municipality are $726,525 for single family homes to $1,397,400 for 4-unit apartment. The 2019 Home Equity Conversion Mortgage (HECM) limits in Anchorage Municipality is $726,525. HECM limit does not depend on the size of the home.

FHA and conventional Loan limits vary based on the number of units or separate apartments on the property. FHA loans are allowed for properties with one to four units. Anchorage Municipality has high cost limits to compensate for above average housing prices. Limits in Anchorage Municipality are above the 2019 national floor.

FHA Home Appraisal in Anchorage Municipality

To see if a home qualifies for an FHA loan, the property must be appraised by an approved FHA appraiser. Find FHA-approved appraisers in Anchorage Municipality. If you need a home inspector, click here to find FHA-approved inspectors in Anchorage Municipality.

VA Loan Limits in Anchorage Municipality

VA Loans are not insured the same way FHA loans are. With VA loans the Department of Veterans Affairs guarantees the loan on the veteran's behalf. But there is still a loan limit. The VA uses the single-unit FHA Loan Limit as its cap on VA Loan Liability. The 2019 VA Loan Limit for Anchorage Municipality, AK is $401,350.

To lean more about VA Loans and how to qualify, click here.

Additional Resources

How to qualify for an FHA Loan in Anchorage Municipality, Alaska?

The minimum loan amount in Anchorage Municipality is $5,000 dollars and may go up to $771,850 depending on home size and loan type. In order to qualify for an FHA loan, you must be planning to live in the home. Although a loan can include some renovation costs, FHA loans cannot be used for real estate investments in Anchorage Municipality.

Additionally, your loan amount cannot exceed the value of home you are purchasing. Learn more about FHA Loan Requirements.

Cities and ZIP Codes in Anchorage Municipality

The FHA Limits, HECM Loan Limits, and Conforming Loan Limits listed on this page apply to Anchorage Municipality which includes the following cities: Anchorage, Eagle River, Chugiak, Jber, Girdwood, and Indian.

Anchorage Municipality loan limits also apply to the following ZIP codes: 99504, 99507, 99508, 99577, 99502, 99515, 99516, 99517, 99503, 99501, 99518, 99567, 99506, 99505, 99511, 99524, 99509, 99587, 99523, 99514, 99522, 99520, 99521, 99510, 99519, 99513, 99540, 99599, and 99695.


Data sourced from the Department of Housing and Urban Development (HUD.GOV). If you notice an error on this page, please contact us.

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