Current FHA Mortgage Rates in Delaware :'s FHA/VA Showcase

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Delaware Mortgages

2020 FHA Loan Limits for Delaware

FHA Loans are government insured loans from the Federal Housing Administration and are an attractive option for homebuyers who want to refinance.

FHA mortgages are backed by a self-insuring pool to limit risks for the lenders who make these low downpayment loans. Homebuyers or homeowners looking to refinance can borrow with as little as a 3.5% downpayment or equity stake.

FHA loan limits are different than those for conventional mortgages, as they use a formula based on median home prices; as such, FHA loan limits are reset each year, and vary from county to county in each state. The 2020 FHA Loan Limits for each county in Delaware are below.

County NameOne FamilyTwo FamilyThree FamilyFour Family
KentOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
New CastleOne Family$408,250Two Family$522,600Three Family$631,750Four Family$785,100
SussexOne Family$345,000Two Family$441,650Three Family$533,850Four Family$663,450
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