Fha 2015 Loan Limits Guide to FHA Loans: Requirements, Benefits & More | MoneyGeek – Compare the cost of an FHA loan vs a conventional mortgage; find fha lender. Source: U.S. Dept. of Housing and Urban Development, 2015. FHA loan limits range from $271,050 to $625,500 for single-family homes (they.
· Unlike FHA and VA loans, conventional loans will not carry any guarantee for the lender of the loan in case you fail to repay the loan back to the lender. This is one of the main reasons why you are asked to pay PMI (private mortgage insurance) upon receiving a conventional loan if you have not paid more than 20 percent of the down payment.