FHA Loans in Philadelphia, PA
Located in Philadelphia County
Explore FHA loan options in Philadelphia, PA, located in Philadelphia County. The FHA loan limit for single-family homes in this area is $472,030. Philadelphia is the largest city in Pennsylvania and the sixth-most populous city in the United States. As a major economic and cultural hub, Philadelphia offers diverse housing options across its many distinct neighborhoods.
ZIP Codes Served
FHA loans are available in the following Philadelphia ZIP codes:
FHA Loan Limits for Philadelphia
FHA loan limits are set at the county level. Philadelphia falls within Philadelphia County and uses the following 2024 limits:
1 Unit
$472,030
2 Units
$604,400
3 Units
$730,525
4 Units
$907,900
Philadelphia Overview
Population
1,603,797
County
Philadelphia
ZIP Codes
57
Benefits of FHA Loans in Philadelphia
Low Down Payment
Buy a home in Philadelphia with as little as 3.5% down. On a home at the FHA limit of $472,030, that is just $16,521.
Flexible Credit Requirements
FHA loans in Philadelphia County accept credit scores as low as 580 for the 3.5% down payment option, or 500 with 10% down.
Competitive Interest Rates
Because FHA loans are government-backed, lenders in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area can offer competitive rates even to borrowers with lower credit scores.
Seller Concessions Allowed
When purchasing in Philadelphia, sellers can contribute up to 6% of the sale price toward your closing costs, reducing your out-of-pocket expenses.
Get an FHA Loan in Philadelphia
Connect with FHA-approved lenders serving Philadelphia and Philadelphia County, PA. Get pre-qualified today.
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