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FHA Loan Limits in Madison County, Tennessee (2026)

From Madison County, FHA buyers in Madison County can finance a one-unit home up to $541,287 with 3.5% down in 2026. That matches the national FHA floor used across most of the South.

Property Type2026 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 Madison County to the edges of Madison County, the figures above govern FHA borrowing; buyers here frequently compare them with nearby Davidson and Shelby Counties.

What can you buy with FHA in Madison County?

Homes around Madison County carry an estimated local median near $369,000, so an FHA buyer in Madison County puts down about $12,915 (3.5%). With Tennessee's 0.66% effective property-tax rate, the all-in payment runs near $2,714 a month — comfortable on household income around $105,000, above Tennessee's $64,035 median household income, so budget carefully.

FHA payment scenarios in Madison County

FHA payments across Madison County price points — from entry homes near Madison County to the county's FHA limit (3.5% down, 6.25% sample rate):

Purchase PriceDown (3.5%)Est. Monthly Payment
Entry-level — $266,000$9,310$1,989
Local median — $369,000$12,915$2,714
At the FHA limit — $541,287$18,945$3,926

Estimates include FHA MIP plus Tennessee property taxes and insurance. Rates move daily near Madison County too — get notified.

First-time buyers make up much of FHA activity in Madison County and across Madison County, drawn by the 3.5% down payment, 580 minimum score, and the option to use gift funds toward the $12,915 needed on a median Madison County home.

Multi-unit FHA limits in Madison County

Madison County's 2026 multi-unit FHA limits reach $692,997 (duplex), $837,720 (triplex), and $1,041,072 (fourplex) — so a buyer in Madison County can live in one unit and rent the rest to offset the mortgage.

For Madison County households near Madison County (the South median income $64,035), FHA's lenient credit and low down payment make buying realistic; many pair it with local down-payment assistance.

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Frequently Asked Questions

What is the FHA loan limit in Madison County for 2026?
In Madison County (Madison 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 Madison County with FHA?
For a median-priced ($369,000) Madison County home, plan on income around $105,000 at a 31% housing ratio — about $2,714/month including taxes, insurance, and MIP.
How much is the FHA down payment in Madison County?
3.5% with a 580+ score — roughly $12,915 on a $369,000 Madison County-area home. Gift funds are allowed.
Is Madison County a high-cost FHA area?
No — Madison County uses the $541,287 national floor for one unit.

FHA loan limits near Madison County