2016 Puerto Rico FHA County Loan Limits

Young family

Planning on buying a home in Puerto Rico? Consider an FHA Loan

What’s the FHA?
The Federal Housing Administration (FHA) was launched as a result of the Great Depression to aid the housing market. The FHA remains committed to aid prospective home buyers who do not satisfy typical financing needs, such as having a credit history or evidence of income.

Is there an income cap with FHA loans?
No!

Do I need to be a first-time buyer?

No, however many Puerto Rico first time home buyers use the program because of the inexpensive down payment (3 1/2%) as well as the seller paid settlement costs.

Do I qualify for an FHA home loan?

If you have a track record of paying your monthly bills on time and you do not already have an FHA mortgage, there is a good chance you will qualify for an FHA loan. Only an authorized FHA loan provider can determine whether or not you meet the requirements for an FHA home loan.

Can my downpayment be paid from gift money?
Yes! Home buyers can pay 100% of your down payment with gift money from family, relatives, or endorsed organizations .

Do I need a good deal of cash to buy a house with an FHA mortgage?

No. The FHA downpayment requirement is only 3.5%. For example, sales price = $200,000 X 3.5% = $7,000

Is the seller permitted to pay my settlement charges?

Yes! The FHA allows the seller to pay up to 6% of the sales price to help with the closing costs.

Does the FHA originate the loan?

No. The FHA insures the mortgage loan. The Federal Housing Administration levies insurance on the mortgage loan. If a borrower defaults on a mortgage loan the FHA uses the money from these insurance premiums to reimburse the lender. This really is how the FHA encourages lenders to give mortgages to otherwise higher-risk borrowers.

Just what types of home mortgage loans are available through the FHA?

You can get a Fixed Interest rate Loans, Variable Rate Loans, and Hybrid Loans

Is getting an FHA mortgage very difficult?
For the most part, it’s not as hard as getting the traditional conventional loan.

I need to refinance. Can the FHA help?

Yes! The FHA offers a streamline refinance loan program for homeowners who currently have a FHA mortgage loan and need to refinance to lower interest rate. In {some cases home owners can do this without up front costs. You can also get a cash-out mortgage refinance whether the mortgage you are refinancing is an FHA loan. With a cash out refinance, you can get as much as 85% of the value of the house.

Is there a sales price limit?

No, however there is a maximum loan amount based on the Puerto Rico county - see below:

2016 FHA County Loan Limits for Puerto Rico


One-Family is a single family home or condominium
Two-Family is two separate living units (duplex)
Three-Family three separate living units (triplex)
Four-Family  four separate living units (fourplex)

County Name  One-Family  Two-Family  Three-Family  Four-Family  Median Sale Price 
MSA Name  MSA Code 
ADJUNTAS  $271,050 $347,000 $419,425 $521,250 $124,000
ADJUNTAS, PR  10260
AGUADA  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
AGUADILLA  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
AGUAS BUENAS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
AIBONITO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
ANASCO  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
ARECIBO  $271,050 $347,000 $419,425 $521,250 $159,000
ARECIBO, PR  11640
ARROYO  $271,050 $347,000 $419,425 $521,250 $117,000
GUAYAMA, PR  25020
BARCELONETA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
BARRANQUITAS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
BAYAMON  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CABO ROJO  $271,050 $347,000 $419,425 $521,250 $133,000
SAN GERMÁN, PR  41900
CAGUAS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CAMUY  $271,050 $347,000 $419,425 $521,250 $159,000
ARECIBO, PR  11640
CANOVANAS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CAROLINA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CATANO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CAYEY  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CEIBA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CIALES  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CIDRA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
COAMO  $271,050 $347,000 $419,425 $521,250 $108,000
COAMO, PR  17620
COMERIO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
COROZAL  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
CULEBRA  $282,900 $362,150 $437,750 $544,050 $141,000
NON-METRO  99999
DORADO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
FAJARDO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
FLORIDA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
GUANICA  $271,050 $347,000 $419,425 $521,250 $130,000
PONCE, PR  38660
GUAYAMA  $271,050 $347,000 $419,425 $521,250 $117,000
GUAYAMA, PR  25020
GUAYANILLA  $271,050 $347,000 $419,425 $521,250 $130,000
PONCE, PR  38660
GUAYNABO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
GURABO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
HATILLO  $271,050 $347,000 $419,425 $521,250 $159,000
ARECIBO, PR  11640
HORMIGUEROS  $271,050 $347,000 $419,425 $521,250 $122,000
MAYAGÜEZ, PR  32420
HUMACAO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
ISABELA  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
JAYUYA  $271,050 $347,000 $419,425 $521,250 $113,000
JAYUYA, PR  27580
JUANA DIAZ  $271,050 $347,000 $419,425 $521,250 $130,000
PONCE, PR  38660
JUNCOS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
LAJAS  $271,050 $347,000 $419,425 $521,250 $133,000
SAN GERMÁN, PR  41900
LARES  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
LAS MARIAS  $271,050 $347,000 $419,425 $521,250 $99,000
NON-METRO  99999
LAS PIEDRAS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
LOIZA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
LUQUILLO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
MANATI  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
MARICAO  $271,050 $347,000 $419,425 $521,250 $116,000
NON-METRO  99999
MAUNABO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
MAYAGUEZ  $271,050 $347,000 $419,425 $521,250 $122,000
MAYAGÜEZ, PR  32420
MOCA  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
MOROVIS  $385,250 $493,200.00 $596,150 $740,850.00 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
NAGUABO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
NARANJITO  $385,250 $493,200.00 $596,150 $740,850.00 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
OROCOVIS  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
PATILLAS  $271,050 $347,000 $419,425 $521,250 $117,000
GUAYAMA, PR  25020
PENUELAS  $271,050 $347,000.00 $419,425 $521,250.00 $130,000
PONCE, PR  38660
PONCE  $271,050 $347,000.00 $419,425 $521,250.00 $130,000
PONCE, PR  38660
QUEBRADILLAS  $271,050 $347,000 $419,425 $521,250 $159,000
ARECIBO, PR  11640
RINCON  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
RIO GRANDE  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
SABANA GRANDE  $271,050 $347,000 $419,425 $521,250 $133,000
SAN GERMÁN, PR  41900
SALINAS  $271,050 $347,000 $419,425 $521,250 $114,000
COCO, PR  17640
SAN GERMAN  $271,050 $347,000 $419,425 $521,250 $133,000
SAN GERMÁN, PR  41900
SAN JUAN  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
SAN LORENZO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
SAN SEBASTIAN  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
SANTA ISABEL  $271,050 $347,000 $419,425 $521,250 $114,000
SANTA ISABEL, PR  42180
TOA ALTA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
TOA BAJA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
TRUJILLO ALTO  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
UTUADO  $271,050 $347,000 $419,425 $521,250 $144,000
AGUADILLA-ISABELA, PR  10380
VEGA ALTA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
VEGA BAJA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
VIEQUES  $271,050 $347,000 $419,425 $521,250 $140,000
NON-METRO  99999
VILLALBA  $271,050 $347,000 $419,425 $521,250 $130,000
PONCE, PR  38660
YABUCOA  $385,250 $493,200 $596,150 $740,850 $196,000
SAN JUAN-CAROLINA-CAGUAS, PR  41980
YAUCO  $271,050 $347,000 $419,425 $521,250 $130,000
PONCE, PR  38660