What are FHA Loan Limits in Montana?

FHA loans are a low down payment mortgage program and Montana FHA loan limits are connected to local home values. Search the charts below to determine the maximum mortgage amount allowed for your county. FHA loan limits in Montana are set at the floor amount of $275,665 across almost the entire state.

Montana FHA Loan Limits Search:

County Name
Area
1-Unit
2-Unit
3-Unit
4-Unit
BEAVERHEADNON-METRO$331,760$424,800$513,450$638,100
BIG HORNNON-METRO$331,760$424,800$513,450$638,100
BLAINENON-METRO$331,760$424,800$513,450$638,100
BROADWATERNON-METRO$331,760$424,800$513,450$638,100
CARBONBILLINGS, MT$331,760$424,800$513,450$638,100
CARTERNON-METRO$331,760$424,800$513,450$638,100
CASCADEGREAT FALLS, MT$331,760$424,800$513,450$638,100
CHOUTEAUNON-METRO$331,760$424,800$513,450$638,100
CUSTERNON-METRO$331,760$424,800$513,450$638,100
DANIELSNON-METRO$331,760$424,800$513,450$638,100
DAWSONNON-METRO$331,760$424,800$513,450$638,100
DEER LODGENON-METRO$331,760$424,800$513,450$638,100
FALLONNON-METRO$331,760$424,800$513,450$638,100
FERGUSNON-METRO$331,760$424,800$513,450$638,100
FLATHEADKALISPELL, MT$343,850$440,200$532,100$661,250
GALLATINBOZEMAN, MT$438,150$560,900$678,000$842,600
GARFIELDNON-METRO$331,760$424,800$513,450$638,100
GLACIERNON-METRO$331,760$424,800$513,450$638,100
GOLDEN VALLEYNON-METRO$331,760$424,800$513,450$638,100
GRANITENON-METRO$331,760$424,800$513,450$638,100
HILLNON-METRO$331,760$424,800$513,450$638,100
JEFFERSONHELENA, MT$331,760$424,800$513,450$638,100
JUDITH BASINNON-METRO$331,760$424,800$513,450$638,100
LAKENON-METRO$331,760$424,800$513,450$638,100
LEWIS AND CLARKHELENA, MT$331,760$424,800$513,450$638,100
LIBERTYNON-METRO$331,760$424,800$513,450$638,100
LINCOLNNON-METRO$331,760$424,800$513,450$638,100
MADISONNON-METRO$331,760$424,800$513,450$638,100
MCCONENON-METRO$331,760$424,800$513,450$638,100
MEAGHERNON-METRO$331,760$424,800$513,450$638,100
MINERALNON-METRO$331,760$424,800$513,450$638,100
MISSOULAMISSOULA, MT$350,750$449,000$542,750$674,500
MUSSELSHELLNON-METRO$331,760$424,800$513,450$638,100
PARKNON-METRO$336,950$431,350$521,400$648,000
PETROLEUMNON-METRO$331,760$424,800$513,450$638,100
PHILLIPSNON-METRO$331,760$424,800$513,450$638,100
PONDERANON-METRO$331,760$424,800$513,450$638,100
POWDER RIVERNON-METRO$331,760$424,800$513,450$638,100
POWELLNON-METRO$331,760$424,800$513,450$638,100
PRAIRIENON-METRO$331,760$424,800$513,450$638,100
RAVALLINON-METRO$331,760$424,800$513,450$638,100
RICHLANDNON-METRO$331,760$424,800$513,450$638,100
ROOSEVELTNON-METRO$331,760$424,800$513,450$638,100
ROSEBUDNON-METRO$331,760$424,800$513,450$638,100
SANDERSNON-METRO$331,760$424,800$513,450$638,100
SHERIDANNON-METRO$331,760$424,800$513,450$638,100
SILVER BOWBUTTE-SILVER BOW, MT$331,760$424,800$513,450$638,100
STILLWATERBILLINGS, MT$331,760$424,800$513,450$638,100
SWEET GRASSNON-METRO$331,760$424,800$513,450$638,100
TETONNON-METRO$331,760$424,800$513,450$638,100
TOOLENON-METRO$331,760$424,800$513,450$638,100
TREASURENON-METRO$331,760$424,800$513,450$638,100
VALLEYNON-METRO$331,760$424,800$513,450$638,100
WHEATLANDNON-METRO$331,760$424,800$513,450$638,100
WIBAUXNON-METRO$331,760$424,800$513,450$638,100
YELLOWSTONEBILLINGS, MT$331,760$424,800$513,450$638,100

Montana FHA loan limits can change at any time. Check back often to ensure information is accurate.

How are Montana FHA Limits Set?

Montana FHA Loan LimitsMortgage limits for Montana FHA loans are based on median housing prices for the particular Metropolitan Statistical Area (MSA) and county. More specifically, “Median Sale Price” for area homes in each county or MSA is considered the determining factor. National FHA mortgage limits for low costs areas are set at 65 percent of the national conventional conforming loan limit. FHA loan limits are updated yearly.

Montana FHA Loan-to-Value Limits (LTV)

  • Purchase Loans –  The mortgage loan-to-value limit in MT is 96.5% of the lower of the purchase price or the appraised value of the home.
  • Refinance Loans – The refinance loan-to-value limit in MT is 97.75% of the lower of the appraised property value, or the mortgage amount plus closing costs. If you’re refinancing and taking cash out from equity, the loan limit will be limited to 85% of the appraised home value.

Montana FHA loan limits are set above the floor amount in the areas surrounding Billings, Bozeman and Helena. You may also want to view these additional FHA loan resources before deciding on a mortgage loan:

More FHA Loan Resources

 

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