Delaware 2020 FHA Loan Limits

Last Updated: Tue, August 18, 2020

Loan Limits in Delaware

Delaware has 3 counties with FHA Limits ranging from a low of $331,760 for a 1-bedroom unit in Kent County to a high of $785,100 for a 4-bedroom unit in New Castle County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of Delaware's counties, choose the county from the interactive map or the list below.

Lowest Loan Limit ($638,100)
Highest Loan Limit ($785,100)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in Delaware (3 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Kent County $331,760 $638,100 view details »
New Castle County $408,250 $785,100 view details »
Sussex County $345,000 $663,450 view details »

How to qualify for an FHA Loan in Delaware?

To qualify for an FHA loan in Delaware, your home loan must be below the local FHA loan limits in your area. For 2020, the maximum loan limit in Delaware is $331,760 for a single-family home and $785,100 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in Delaware. Additional restricts apply. Click on the Delaware map above or the table below to see loan limits in your area.

** Document Provided By **