FHA Loan Limits in Somerset County, New Jersey (2026)
In Somerset County — anchored by Somerset County — the 2026 FHA loan limit for a single-family home is $541,287. That matches the national FHA floor used across most of the Mid-Atlantic.
| Property Type | 2026 FHA Loan Limit |
|---|---|
| One-unit (single family) | $541,287 |
| Two-unit (duplex) | $692,997 |
| Three-unit (triplex) | $837,720 |
| Four-unit (fourplex) | $1,041,072 |
From Somerset County to the edges of Somerset County, the figures above govern FHA borrowing; buyers here frequently compare them with nearby Bergen and Hudson Counties.
Affording a home in Somerset County & Somerset County
With Somerset County's median sale price estimated near $543,000 (think Somerset County), the FHA down payment is roughly $18,945. Factoring New Jersey property taxes near 2.47%, expect about $4,743 monthly, pointing to income near $184,000 — above New Jersey's $99,781 median household income, so budget carefully.
FHA payment scenarios in Somerset County
Here is what an FHA payment looks like at three Somerset County budgets, all with 3.5% down at a 6.25% example rate:
| Purchase Price | Down (3.5%) | Est. Monthly Payment |
|---|---|---|
| Entry-level — $391,000 | $13,685 | $3,458 |
| Local median — $541,287 | $18,945 | $4,743 |
| At the FHA limit — $541,287 | $18,945 | $4,743 |
Estimates include FHA MIP plus New Jersey property taxes and insurance. Rates move daily near Somerset County too — get notified.
First-time buyers make up much of FHA activity in Somerset County and across Somerset County, drawn by the 3.5% down payment, 580 minimum score, and the option to use gift funds toward the $18,945 needed on a median Somerset County home.
Multi-unit FHA limits in Somerset County
Looking at a duplex or fourplex near Somerset County? FHA allows up to $692,997 on two units and $1,041,072 on four in Somerset County, with the same low 3.5% down for owner-occupants.
Never Miss an FHA Rate Change
Join the free FHA Notification Program — we watch rates, requirements, and new programs so you do not have to.
Free to join. Msg & data rates may apply; reply STOP to opt out. See our Terms & Privacy Policy.
Frequently Asked Questions
- What is the FHA loan limit in Somerset County for 2026?
- In Somerset County (Somerset County), the 2026 FHA limit is $541,287 for one unit, $692,997 for a duplex, $837,720 for a triplex, and $1,041,072 for a fourplex.
- What income do I need to buy in Somerset County with FHA?
- For a median-priced ($541,287) Somerset County home, plan on income around $184,000 at a 31% housing ratio — about $4,743/month including taxes, insurance, and MIP.
- How much is the FHA down payment in Somerset County?
- 3.5% with a 580+ score — roughly $18,945 on a $541,287 Somerset County-area home. Gift funds are allowed.
- Is Somerset County a high-cost FHA area?
- No — Somerset County uses the $541,287 national floor for one unit.