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2025 FHA Loan Limits in Mississippi

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If you’re looking to purchase a home in Mississippi, you may qualify for a loan backed by the Federal Housing Administration (FHA). These loans offer less stringent qualification requirements than traditional loans.

In some states the FHA loan limits vary, with higher limits in some of the more expensive metro areas. However, in Mississippi, the FHA loan limit is $524,225 for a single-family home across the entire state. Here’s what you need to know about the qualifications for an FHA loan in the Magnolia State and how to get your application started.

Mississippi FHA loan limits by county

County name	One unit	Two units	Three units	Four units	Median sales price
ADAMS	$524,225	$671,200	$811,275	$1,008,300	$131,000
ALCORN	$524,225	$671,200	$811,275	$1,008,300	$165,000
AMITE	$524,225	$671,200	$811,275	$1,008,300	$113,000
ATTALA	$524,225	$671,200	$811,275	$1,008,300	$130,000
BENTON	$524,225	$671,200	$811,275	$1,008,300	$112,000
BOLIVAR	$524,225	$671,200	$811,275	$1,008,300	$155,000
CALHOUN	$524,225	$671,200	$811,275	$1,008,300	$109,000
CARROLL	$524,225	$671,200	$811,275	$1,008,300	$125,000
CHICKASAW	$524,225	$671,200	$811,275	$1,008,300	$116,000
CHOCTAW	$524,225	$671,200	$811,275	$1,008,300	$137,000
CLAIBORNE	$524,225	$671,200	$811,275	$1,008,300	$103,000
CLARKE	$524,225	$671,200	$811,275	$1,008,300	$166,000
CLAY	$524,225	$671,200	$811,275	$1,008,300	$145,000
COAHOMA	$524,225	$671,200	$811,275	$1,008,300	$111,000
COPIAH	$524,225	$671,200	$811,275	$1,008,300	$323,000
COVINGTON	$524,225	$671,200	$811,275	$1,008,300	$267,000
DESOTO	$524,225	$671,200	$811,275	$1,008,300	$340,000
FORREST	$524,225	$671,200	$811,275	$1,008,300	$267,000
FRANKLIN	$524,225	$671,200	$811,275	$1,008,300	$126,000
GEORGE	$524,225	$671,200	$811,275	$1,008,300	$206,000
GREENE	$524,225	$671,200	$811,275	$1,008,300	$128,000
GRENADA	$524,225	$671,200	$811,275	$1,008,300	$171,000
HANCOCK	$524,225	$671,200	$811,275	$1,008,300	$238,000
HARRISON	$524,225	$671,200	$811,275	$1,008,300	$238,000
HINDS	$524,225	$671,200	$811,275	$1,008,300	$323,000
HOLMES	$524,225	$671,200	$811,275	$1,008,300	$323,000
HUMPHREYS	$524,225	$671,200	$811,275	$1,008,300	$105,000
ISSAQUENA	$524,225	$671,200	$811,275	$1,008,300	$145,000
ITAWAMBA	$524,225	$671,200	$811,275	$1,008,300	$206,000
JACKSON	$524,225	$671,200	$811,275	$1,008,300	$238,000
JASPER	$524,225	$671,200	$811,275	$1,008,300	$168,000
JEFFERSON	$524,225	$671,200	$811,275	$1,008,300	$101,000
JEFFERSON DAVIS	$524,225	$671,200	$811,275	$1,008,300	$115,000
JONES	$524,225	$671,200	$811,275	$1,008,300	$168,000
KEMPER	$524,225	$671,200	$811,275	$1,008,300	$166,000
LAFAYETTE	$524,225	$671,200	$811,275	$1,008,300	$369,000
LAMAR	$524,225	$671,200	$811,275	$1,008,300	$267,000
LAUDERDALE	$524,225	$671,200	$811,275	$1,008,300	$166,000
LAWRENCE	$524,225	$671,200	$811,275	$1,008,300	$101,000
LEAKE	$524,225	$671,200	$811,275	$1,008,300	$162,000
LEE	$524,225	$671,200	$811,275	$1,008,300	$206,000
LEFLORE	$524,225	$671,200	$811,275	$1,008,300	$125,000
LINCOLN	$524,225	$671,200	$811,275	$1,008,300	$176,000
LOWNDES	$524,225	$671,200	$811,275	$1,008,300	$214,000
MADISON	$524,225	$671,200	$811,275	$1,008,300	$323,000
MARION	$524,225	$671,200	$811,275	$1,008,300	$137,000
MARSHALL	$524,225	$671,200	$811,275	$1,008,300	$340,000
MONROE	$524,225	$671,200	$811,275	$1,008,300	$144,000
MONTGOMERY	$524,225	$671,200	$811,275	$1,008,300	$128,000
NESHOBA	$524,225	$671,200	$811,275	$1,008,300	$124,000
NEWTON	$524,225	$671,200	$811,275	$1,008,300	$132,000
NOXUBEE	$524,225	$671,200	$811,275	$1,008,300	$112,000
OKTIBBEHA	$524,225	$671,200	$811,275	$1,008,300	$298,000
PANOLA	$524,225	$671,200	$811,275	$1,008,300	$152,000
PEARL RIVER	$524,225	$671,200	$811,275	$1,008,300	$197,000
PERRY	$524,225	$671,200	$811,275	$1,008,300	$267,000
PIKE	$524,225	$671,200	$811,275	$1,008,300	$144,000
PONTOTOC	$524,225	$671,200	$811,275	$1,008,300	$206,000
PRENTISS	$524,225	$671,200	$811,275	$1,008,300	$206,000
QUITMAN	$524,225	$671,200	$811,275	$1,008,300	$86,000
RANKIN	$524,225	$671,200	$811,275	$1,008,300	$323,000
SCOTT	$524,225	$671,200	$811,275	$1,008,300	$143,000
SHARKEY	$524,225	$671,200	$811,275	$1,008,300	$116,000
SIMPSON	$524,225	$671,200	$811,275	$1,008,300	$323,000
SMITH	$524,225	$671,200	$811,275	$1,008,300	$158,000
STONE	$524,225	$671,200	$811,275	$1,008,300	$238,000
SUNFLOWER	$524,225	$671,200	$811,275	$1,008,300	$136,000
TALLAHATCHIE	$524,225	$671,200	$811,275	$1,008,300	$250,000
TATE	$524,225	$671,200	$811,275	$1,008,300	$340,000
TIPPAH	$524,225	$671,200	$811,275	$1,008,300	$47,000
TISHOMINGO	$524,225	$671,200	$811,275	$1,008,300	$162,000
TUNICA	$524,225	$671,200	$811,275	$1,008,300	$340,000
UNION	$524,225	$671,200	$811,275	$1,008,300	$190,000
WALTHALL	$524,225	$671,200	$811,275	$1,008,300	$183,000
WARREN	$524,225	$671,200	$811,275	$1,008,300	$187,000
WASHINGTON	$524,225	$671,200	$811,275	$1,008,300	$122,000
WAYNE	$524,225	$671,200	$811,275	$1,008,300	$233,000
WEBSTER	$524,225	$671,200	$811,275	$1,008,300	$298,000
WILKINSON	$524,225	$671,200	$811,275	$1,008,300	$103,000
WINSTON	$524,225	$671,200	$811,275	$1,008,300	$145,000
YALOBUSHA	$524,225	$671,200	$811,275	$1,008,300	$194,000
YAZOO	$524,225	$671,200	$811,275	$1,008,300	$323,000

How are FHA loan limits determined?

FHA loan limits fluctuate from year to year based on the conforming loan limits for traditional mortgages, which are set by the Federal Housing Finance Agency (FHFA). For 2025, the conforming loan limit is $806,500 in most areas.

FHA loan limits are set at a percentage of these conforming loan limits. The “floor” (or the lowest loan limit) is calculated at 65% of the conforming loan limit, which in 2025 equals $524,225 for a single-unit property. The “ceiling” (or highest loan limit for high-cost areas) for 2025 is $1,209,750, which is calculated at 150% of the conforming loan limit.

Some places — Alaska, Hawaii, Guam and the U.S. Virgin Islands — are designated special exception areas and have higher limits of $1,814,625 for a single-family home in 2025.

As indicated, the FHA loan limit for a single-family home in all of Mississippi’s 82 counties is $524,225 in 2025.

How to qualify for an FHA loan in Mississippi

In general, FHA loans are easier to qualify for than traditional loans. If you don’t have a large down payment or your credit score isn’t very high, you may still qualify for one. There are, however, still a number of boxes you must be able to check in order to qualify FHA-backed loan for a single-unit property:

Down payment: The down payment amount required for an FHA loan is dependent on your credit score. You can have a down payment as low as 3.5% if your credit score is at least 580. You’ll need 10% down if your credit score is between 500 and 579.
Credit score: The lowest credit score that will qualify you for an FHA loan is 500. You’ll need a larger down payment of 10% if it’s below 580, versus 3.5% if your credit score is 580 or above.
Debt-to-income ratio: In general, you need a debt-to-income ratio of no more than 43%. That’s calculated by dividing your total debt by your pre-tax income. However, if you have a strong credit score and extra cash reserves, you may qualify with a debt-to-income ratio up to 50%.
Mortgage insurance: In order to take out an FHA loan, you’re required to have two types of mortgage insurance: upfront mortgage insurance premium (1.75% of the loan amount) and annual mortgage insurance premium, which is between 0.15% and 0.75% of the loan amount, depending on the loan term, amount and other factors.
Appraisal and inspection: Both an FHA appraisal and an inspection are required for FHA loans. The cost typically ranges from $400 to $700.
Occupancy: The property you’re purchasing the loan with must be your principal residence for at least a year. HUD defines that as “a property that will be occupied by the borrower for the majority of the calendar year.”

Buying a multifamily property with an FHA loan

If you’re interested in purchasing a multifamily home with two to four units and perhaps want to start house hacking, you may also qualify for an FHA loan. However, the loan limits and borrower requirements are a bit different than those for single-unit FHA loans. Requirements for multifamily properties include:

Occupancy: The owner must live in one of the units for one year.
Down payment: A 3.5% minimum down payment is required.
Credit score: A minimum credit score of 580 is required with a 3.5% down payment, but it can be as low as 500 with a 10% down payment.
Cash reserves: If you’re buying a property with three to four units, you must have cash reserves equal to three months’ worth of PITI (principal, interest, taxes and insurance) payments.

The loan limits for multifamily properties in Mississippi for 2025 are as follows: