source:
  type: guide
  id: hud-4000-1-ii-a-maximum-mortgage-amounts-2
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Maximum
    Mortgage Amounts (04/29/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Maximum
    Mortgage Amounts (04/29/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-a-maximum-mortgage-amounts-2-full
  canonical_id: hud-4000-1-ii-a-maximum-mortgage-amounts-2-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Maximum
    Mortgage Amounts (04/29/2024)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — a. Maximum
      Mortgage Amounts (04/29/2024)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: a. Maximum Mortgage Amounts (04/29/2024) A maximum mortgage amount
      is not required to be stated in the Mortgage. However, where state law requires
      the Mortgage to reflect a maximum mortgage amount, the Mortgagee must use an
      amount that is at least equal to 150 percent of the Maximum Claim Amount (MCA).
      The Mortgagee may not disburse payments which will cause the outstanding loan
      balance to exceed the maximum mortgage amount stated in the Mortgage after the
      payment is disbursed. If the outstanding mortgage balance reaches the maximum
      mortgage amount, payments to the Borrower would cease. Payments may be reinstated
      only in the event the Borrower executes a modification to the Mortgage. For
      each HECM FHA insures, the Mortgagee must fully comply with the following requirements.
      i. National Housing Act’s Statutory Limits The National Housing Act establishes
      the national mortgage limit for HECMs. ii. Nationwide Mortgage Limits The national
      mortgage limit for HECMs is governed by the maximum claim amount limitation
      in sections 255(g) and 255(m) of the National Housing Act, which contains cross-references
      to section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act. FHA
      publishes updated limits effective for each calendar year.
  judgment: false
