Maine 2024 FHA Loan Limits

Last Updated: Tue, January 2, 2024

Loan Limits in Maine

Maine has 16 counties with FHA Limits ranging from a low of $498,257 for a 1-bedroom unit in Androscoggin County to a high of $1,050,500 for a 4-bedroom unit in Cumberland County.

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

Lowest Loan Limit ($958,350)
Highest Loan Limit ($1,050,500)

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

Loan Limits by County in Maine (16 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Androscoggin County $498,257 $958,350 view details »
Aroostook County $498,257 $958,350 view details »
Cumberland County $546,250 $1,050,500 view details »
Franklin County $498,257 $958,350 view details »
Hancock County $498,257 $958,350 view details »
Kennebec County $498,257 $958,350 view details »
Knox County $498,257 $958,350 view details »
Lincoln County $498,257 $958,350 view details »
Oxford County $498,257 $958,350 view details »
Penobscot County $498,257 $958,350 view details »
Piscataquis County $498,257 $958,350 view details »
Sagadahoc County $546,250 $1,050,500 view details »
Somerset County $498,257 $958,350 view details »
Waldo County $498,257 $958,350 view details »
Washington County $498,257 $958,350 view details »
York County $546,250 $1,050,500 view details »

How to qualify for an FHA Loan in Maine?

To qualify for an FHA loan in Maine, your home loan must be below the local FHA loan limits in your area. For 2024, the maximum loan limit in Maine is $498,257 for a single-family home and $1,050,500 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 Maine. Additional restricts apply. Click on the Maine map above or the table below to see loan limits in your area.

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