FHA FOR BROOKLYN NEW YORK

[Algernon Brown]

Hello BP, What is the maximum amount allowed you can borrow for a multifamily loan for FHA in New York city?

[Eric A.]

Hey @Algernon Brown it depends on the number of units.  They are slightly increasing the limits for 2017:

Single Fam $636,150

2-Fam $954,225

3-Fam  $814,500

4-Fam  $1,221,750

- See more at: http://www.fanniemae.com/portal/funding-the-market/mbs/news/2016/loan-limits-2017-announcement-112316.html#sthash.LKjkCQYO.dpuf