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2019 FHA Loan Limits in North Dakota

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Are you a North Dakota resident looking to get a mortgage through the Federal Housing Administration (FHA)? If so, here’s an essential piece of information you should have: The 2019 range of FHA loans for a single-family home in the state is $314,827 to $339,250.

The median single-family home price in Bismarck, North Dakota’s capital, is $249,600, according to the National Association of Realtors. Although 39 counties in North Dakota are rural, more than half of North Dakotans live in urban areas.

The state has an estimated total population of 760,000, according to World Population Review the U.S. Census Bureau. Just 0.19 percent of all FHA loans originated from North Dakota in 2018, according to a government report. In a 2016 report, it was found that 2,558 FHA loans originated in North Dakota, for a total of $500 million. (2016 is the most recent year for which this data is available.)

Read on to learn about the North Dakota FHA loan limits by county and how these limits are calculated.

North Dakota FHA loan limits by county

FHA Loan Limits in North Dakota
County Name One-Family Two-Family Three-Family Four-Family Median Sale Price
Adams $331,760 $424,800 $513,450 $638,100 $89,000
Barnes $331,760 $424,800 $513,450 $638,100 $115,000
Benson $331,760 $424,800 $513,450 $638,100 $63,000
Billings $339,250 $434,300 $524,950 $652,400 $238,000
Bottineau $331,760 $424,800 $513,450 $638,100 $128,000
Bowman $331,760 $424,800 $513,450 $638,100 $83,000
Burke $331,760 $424,800 $513,450 $638,100 $83,000
Burleigh $331,760 $424,800 $513,450 $638,100 $265,000
Cass $331,760 $424,800 $513,450 $638,100 $229,000
Cavalier $331,760 $424,800 $513,450 $638,100 $112,000
Dickey $331,760 $424,800 $513,450 $638,100 $99,000
Divide $331,760 $424,800 $513,450 $638,100 $95,000
Dunn $331,760 $424,800 $513,450 $638,100 $141,000
Eddy $331,760 $424,800 $513,450 $638,100 $82,000
Emmons $331,760 $424,800 $513,450 $638,100 $30,000
Foster $331,760 $424,800 $513,450 $638,100 $100,000
Golden Valley $331,760 $424,800 $513,450 $638,100 $83,000
Grand Forks $331,760 $424,800 $513,450 $638,100 $230,000
Grant $331,760 $424,800 $513,450 $638,100 $45,000
Griggs $331,760 $424,800 $513,450 $638,100 $71,000
Hettinger $331,760 $424,800 $513,450 $638,100 $74,000
Kidder $331,760 $424,800 $513,450 $638,100 $122,000
Lamoure $331,760 $424,800 $513,450 $638,100 $51,000
Logan $331,760 $424,800 $513,450 $638,100 $20,000
Mchenry $331,760 $424,800 $513,450 $638,100 $210,000
Mcintosh $331,760 $424,800 $513,450 $638,100 $133,000
Mckenzie $331,760 $424,800 $513,450 $638,100 $268,000
Mclean $331,760 $424,800 $513,450 $638,100 $132,000
Mercer $331,760 $424,800 $513,450 $638,100 $148,000
Morton $331,760 $424,800 $513,450 $638,100 $265,000
Mountrail $331,760 $424,800 $513,450 $638,100 $121,000
Nelson $331,760 $424,800 $513,450 $638,100 $48,000
Oliver $331,760 $424,800 $513,450 $638,100 $265,000
Pembina $331,760 $424,800 $513,450 $638,100 $60,000
Pierce $331,760 $424,800 $513,450 $638,100 $84,000
Ramsey $331,760 $424,800 $513,450 $638,100 $142,000
Ransom $331,760 $424,800 $513,450 $638,100 $94,000
Renville $331,760 $424,800 $513,450 $638,100 $210,000
Richland $331,760 $424,800 $513,450 $638,100 $111,000
Rolette $331,760 $424,800 $513,450 $638,100 $66,000
Sargent $331,760 $424,800 $513,450 $638,100 $80,000
Sheridan $331,760 $424,800 $513,450 $638,100 $26,000
Sioux $331,760 $424,800 $513,450 $638,100 $84,000
Slope $331,760 $424,800 $513,450 $638,100 $112,000
Stark $339,250 $434,300 $524,950 $652,400 $238,000
Steele $331,760 $424,800 $513,450 $638,100 $80,000
Stutsman $331,760 $424,800 $513,450 $638,100 $155,000
Towner $331,760 $424,800 $513,450 $638,100 $51,000
Traill $331,760 $424,800 $513,450 $638,100 $140,000
Walsh $331,760 $424,800 $513,450 $638,100 $84,000
Ward $331,760 $424,800 $513,450 $638,100 $210,000
Wells $331,760 $424,800 $513,450 $638,100 $68,000
Williams $331,760 $424,800 $513,450 $638,100 $259,000

How are FHA loan limits determined?

The U.S. Department of Housing and Urban Development (HUD) sets FHA loan limits based on the conforming loan limit — or how large of a mortgage conventional lenders Fannie Mae and Freddie Mac will purchase. In 2019, that limit is $484,350. The FHA’s “floor” is the largest mortgage the agency will issue in most of the country and is set at $314,827 for 2019.

The FHA “ceiling” applies to high-cost areas and is set at 150% of the conforming loan limit, or $726,525. Outside of a few exceptions, this is the highest mortgage the agency will insure for a single-family home. In other areas, loan limits fall somewhere between the FHA floor and ceiling.

Here are the 2019 standard FHA limits for all property types:

  • One-unit: $314,827
  • Two-unit: $403,125
  • Three-unit: $487,250
  • Four-unit: $605,525

Here are the 2019 standard FHA limits for high-cost areas:

  • One-unit: $726,525
  • Two-unit: $930,300
  • Three-unit: $1,124,475
  • Four-unit: $1,397,400

Do you qualify for an FHA loan in North Dakota?

An FHA loan may be able to help you purchase your dream home in North Dakota. Here, LendingTree provides information on what you need to potentially qualify for an FHA loan, including your credit score, income and other requirements.

We wish you luck in your search for a house in North Dakota.

 

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