One-Time Close Loans | FHA and VA Construction Loans
VA and FHA One-Time Close Construction Loans

2023 FHA Construction Loan Limits in ALASKA tell homebuyers how much borrowing power they have to build a home. VA Limits are set by the lenders.

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FHA Loan - One-Time Close Construction Loan

2023 VA and FHA Construction Loan Limits

Borrow for Single Family Home Loans in ALASKA Counties

The FHA has a maximum construction loan amount that it will insure, which is known as the FHA lending limit. These loan limits are calculated and updated annually, and are influenced by the conventional loan limits set by Fannie Mae and Freddie Mac. The type of home, such as single-family or duplex, can also affect these numbers.

Construction loan limits no longer apply to new VA Loans. The Department of Veterans Affairs (commonly referred to as the VA) can now back larger loans than previous allowed. This change doesn't mean that you have unlimited borrowing power. Your lender will still have credit requirements that you need to meet as well as maximum loan amounts based on their own standards. VA lenders establish their own limits based on company policies. The amount we generally see is shown below, labeled as the VA Lender Limit.

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"For 2023, the FHA floor was set at $472,030 for single-family home loans. This lending limit covers most U.S. counties."

30 match(es) found

ALEUTIANS EAST County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
ALEUTIANS WEST County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $545,100
ANCHORAGE MUNIC County
ANCHORAGE, AK
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
BETHEL CENSUS A County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
BRISTOL BAY BOR County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
CHUGACH CENSUS County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
COPPER RIVER CE County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
DENALI BOROUGH County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
DILLINGHAM CENS County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
FAIRBANKS NORTH County
FAIRBANKS, AK
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
HAINES BOROUGH County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
HOONAH-ANGOON C County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $524,400
JUNEAU CITY AND County
JUNEAU, AK
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $533,600
KENAI PENINSULA County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
KETCHIKAN GATEW County
KETCHIKAN, AK
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $485,300
KODIAK ISLAND B County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $485,300
KUSILVAK CENSUS County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
LAKE AND PENINS County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
MATANUSKA-SUSIT County
ANCHORAGE, AK
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
NOME CENSUS ARE County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
NORTH SLOPE BOR County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
NORTHWEST ARCTI County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
PETERSBURG CENS County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
PRINCE OF WALES County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
SITKA CITY AND County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $586,500
SKAGWAY MUNICIP County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $524,400
SOUTHEAST FAIRB County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
WRANGELL CITY A County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
YAKUTAT CITY AN County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
YUKON-KOYUKUK C County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030

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