2023 VA and FHA Construction Loan Limits
Borrow for Single Family Home Loans in MASSACHUSETTS 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.
14 match(es) found
| BARNSTABLE County BARNSTABLE TOWN, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $701,500 | ||
| BERKSHIRE County PITTSFIELD, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $472,030 | ||
| BRISTOL County PROVIDENCE-WARWICK, RI-MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $661,250 | ||
| DUKES County VINEYARD HAVEN, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $1,089,300 | ||
| ESSEX County BOSTON-CAMBRIDGE-NEWTON, MA-NH |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $828,000 | ||
| FRANKLIN County SPRINGFIELD, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $472,030 | ||
| HAMPDEN County SPRINGFIELD, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $472,030 | ||
| HAMPSHIRE County SPRINGFIELD, MA |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $472,030 | ||
| MIDDLESEX County BOSTON-CAMBRIDGE-NEWTON, MA-NH |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $828,000 | ||
| NANTUCKET County NON-METRO |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $1,089,300 | ||
| NORFOLK County BOSTON-CAMBRIDGE-NEWTON, MA-NH |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $828,000 | ||
| PLYMOUTH County BOSTON-CAMBRIDGE-NEWTON, MA-NH |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $828,000 | ||
| SUFFOLK County BOSTON-CAMBRIDGE-NEWTON, MA-NH |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $828,000 | ||
| WORCESTER County WORCESTER, MA-CT |
|||
| VA Construction Loan Limit | FHA Construction Loan Limit | ||
|---|---|---|---|
| $1,500,000 | $472,030 | ||
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