2021 FHA loan limit in Arizona Increase about 7.4 Percent
The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2021. Starting 1/1/2021, the new 2021 FHA loan limit in Arizona for single-family properties in Maricopa county will be $381,347, up about 7.4% from $331,760 in 2020. This means that the maximum purchase price using minimum down payment (3.5%) would be $381,347. This is great news for Arizona home buyers planning to use the FHA home loan product to buy a home in 2020.
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