2023 Mortgage Loan Limits
This is specific to Maricopa County, Arizona. Each year, loan limits may fluctuate for traditional forms of residential financing and 2023 will be no different.
Conventional = $726,200
VA = $726,200
FHA = $530,150
All good news for sellers & buyers as there is more buying power for the prices that inflated over the past couple of years. First-time home buyers will especially benefit from the FHA limits which rose significantly.
If you’re thinking about a home purchase and want to get the process started, we can help. Let’s chat and we will refer you to an experienced lender that can begin your pre-qualification.