Monterey County, California FHA loan limits 2025
The maximum FHA-insured mortgage in Monterey County for case numbers assigned in 2025. Source: HUD Mortgagee Letter 2024-21.
| Property type | Monterey County 2025 limit |
|---|---|
| 1-unit (single family) | $942,250 |
| 2-unit (duplex) | $1,206,450 |
| 3-unit (triplex) | $1,458,200 |
| 4-unit (fourplex) | $1,812,350 |
What this means for Monterey County buyers
FHA insures mortgages up to $942,250 for a single-family home in Monterey County. Loan amounts above this cap are not eligible for FHA financing in this county; you would need to use a conventional or jumbo product instead.
With FHA's 3.5% minimum down payment, that $942,250 cap means a maximum sale price of approximately $976,425 while still using FHA. Monterey County is between the national floor and ceiling.
Estimate your monthly payment
Run the FHA monthly payment, including the upfront and annual mortgage insurance premium (MIP) that comes with every FHA loan.
Common questions
For a single-family home in Monterey County, the 2025 FHA loan limit is $942,250. Two-unit, three-unit, and four-unit limits are $1,206,450, $1,458,200, and $1,812,350 respectively.
HUD publishes FHA forward-mortgage limits each December, effective for case numbers assigned starting January 1. The limits are tied to the FHFA conforming loan limit (FHA floor is 65% of the conforming limit; ceiling is 150%).
No. Loan amounts above $942,250 are not FHA-insurable in Monterey County. You would need conventional financing (which has its own conforming limit of $806,500) or a jumbo loan above that.
With FHA's 3.5% minimum down payment, the maximum sale price is roughly $976,425. With 10% down, the maximum sale price is roughly $1,046,944.
Yes, every January. Limits typically rise with home-price appreciation. Counties can move from the floor to mid-cost or to the ceiling as local prices change.