FHA Loan Limits Phoenix & Maricopa County AZ 2026: $524,225 + Best FHA Lenders Ranked
3.5% down = $16,625 on $475K median home · Up to $20K DPA · 580 credit accepted · 21-day close
FHA · VA · Conventional · USDA · Arizona Home Plus DPA
🏠 Phoenix FHA Loan Limits 2026 — Quick Answer
FHA loan limit for Phoenix/Maricopa County 2026: $524,225 (single-family), up from $498,257 in 2025. With 3.5% down, you need $18,348 for the max FHA loan. On Phoenix's median home ($475K), 3.5% down = $16,625. Arizona Home Plus DPA can cover up to 4% of your loan (~$18,400), meaning you could buy with $0 out of pocket. Top Phoenix FHA lender: Rocket Mortgage (5.85%, 21-day close). Compare Phoenix FHA lenders →
🏠 Phoenix Mortgage Market Snapshot (July 2026)
$475,000
Median Home Price
$524,225
FHA Loan Limit
5.85%–6.25%
FHA Rate (30-Yr)
$25,000
Max DPA Available
FHA Loan Limits Phoenix / Maricopa County 2026 by Property Type
| Property Type | 2026 FHA Limit | 2025 Limit | Change | 3.5% Down |
|---|---|---|---|---|
| Single-Family | $524,225 | $498,257 | +$25,968 | $18,348 |
| 2-Unit (Duplex) | $671,200 | $638,878 | +$32,322 | $23,492 |
| 3-Unit (Triplex) | $811,275 | $772,466 | +$38,809 | $28,395 |
| 4-Unit (Fourplex) | $1,008,300 | $960,680 | +$47,620 | $35,291 |
Source: HUD 2026 FHA loan limits for Maricopa County, AZ. Check your FHA eligibility →
Top 8 Phoenix FHA Mortgage Lenders Compared (July 2026)
| Lender | Best For | Rate (30-Yr) | Min Credit | Close Time |
|---|---|---|---|---|
| 🥇 Rocket Mortgage | Fast digital close | 5.85% (FHA) | 580 | 21 days |
| 🥈 Guild Mortgage | AZ Home Plus DPA | 6.00% (FHA) | 580 | 28 days |
| 🥉 Freedom Mortgage | #1 FHA by volume | 5.90% (FHA) | 580 | 30 days |
| New American Funding | Bilingual / flexible | 5.95% (FHA) | 580 | 25 days |
| Carrington Mortgage | 500 credit accepted | 6.25% (FHA) | 500 | 35 days |
| Fairway Independent | Highest rated Phoenix | 6.05% (FHA) | 580 | 21 days |
| Better.com | Lowest fees ($0) | 5.90% (FHA) | 620 | 25 days |
| Veterans United | Phoenix veterans (VA) | 5.25% (VA) | 620 | 30 days |
Phoenix & Maricopa County Down Payment Assistance 2026
Phoenix has some of the most generous DPA programs in the Southwest. These can be stacked with FHA loans to reduce or eliminate your out-of-pocket costs. Check your DPA eligibility →
Arizona Home Plus
Amount: Up to 4% of loan
Type: 30-yr deferred (0%)
Income Limit: ≤$105,981 (Maricopa)
Statewide via approved lender
Phoenix IDPA Program
Amount: Up to $15,000
Type: Deferred (0%)
Income Limit: ≤80% AMI (~$58K)
City of Phoenix residents
Maricopa County HOME
Amount: Up to $20,000
Type: Deferred (0%)
Income Limit: ≤80% AMI
Unincorporated Maricopa County
NSP Phoenix
Amount: Up to $25,000
Type: Forgivable (5-yr)
Income Limit: ≤120% AMI
Targeted Phoenix neighborhoods
💡 Pro Tip: Stack Arizona Home Plus + FHA
On a $475K Phoenix home with FHA (3.5% = $16,625), Arizona Home Plus gives 4% of loan (~$18,400) as DPA. That covers your entire down payment PLUS part of closing costs. Net out-of-pocket: $0-$2,000. Apply for Arizona Home Plus →
Phoenix-Specific Home Buying Tips for 2026
🔥 Summer Cooling Costs — Budget $200-$400/month
Phoenix summers mean AC runs 24/7 June-September. Budget $200-$400/month for electricity. APS and SRP offer budget billing plans. Factor this into your DTI calculation.
💡 Low Property Taxes — 0.51% Average
Arizona property taxes are among the lowest: 0.51% average (vs. 0.99% national). On a $475K Phoenix home, ~$2,423/year ($202/month). This boosts affordability vs. Texas (1.6-2.3%).
🏡 Master-Planned Communities — Check HOA
Phoenix has many master-planned communities (Gilbert, Chandler, Peoria, Surprise). HOA fees $50-$200/month. FHA has HOA approval requirements — your lender will verify.
📊 TSMC Plant = West Valley Price Surge
TSMC's $40B semiconductor plant in north Phoenix is driving prices up in the West Valley (Peoria, Surprise, Glendale). Expect 5-8% annual appreciation near the plant. Get pre-approved before prices rise →
Real Example: Buy a $475K Phoenix Home with $0 Down
| Item | Amount | Who Pays |
|---|---|---|
| Home Price | $475,000 | — |
| FHA Down Payment (3.5%) | $16,625 | You (or DPA) |
| Arizona Home Plus DPA (4%) | -$18,400 | AZ Housing Finance Authority |
| Closing Costs (~3%) | $14,250 | Seller concessions (up to 6%) |
| YOUR Out of Pocket | $0 - $2,000 | DPA + seller concessions |
Monthly payment: ~$3,150 (P&I $2,890 + tax $202 + insurance $130 + MIP $285). With 580+ credit and Arizona Home Plus, you can buy a Phoenix home with almost nothing out of pocket. See if you qualify →
Compare 5+ Phoenix FHA Lenders in 2 Minutes
Same borrower, different lenders = up to 0.40% rate gap = $25,600 over 30 years. Soft pull only — no SSN needed.
Phoenix FHA Loan FAQs 2026
What is the FHA loan limit in Phoenix AZ for 2026?
The 2026 FHA loan limit for Phoenix and all of Maricopa County is $524,225 for a single-family home (up from $498,257 in 2025). Two-unit: $671,200. Three-unit: $811,275. Four-unit: $1,008,300. Most Phoenix homes qualify since the median price is ~$475K. Check your FHA eligibility in Phoenix →
What are the best FHA lenders in Phoenix AZ?
Top FHA lenders in Phoenix 2026: (1) Rocket Mortgage — 5.85%, 21-day close, 580 credit. (2) Guild Mortgage — best for AZ Home Plus DPA, 6.00%. (3) Freedom Mortgage — #1 FHA by volume, 5.90%. (4) New American Funding — bilingual, 580 credit. (5) Carrington — 500 credit with 10% down. Compare Phoenix FHA lenders →
How much down payment do I need to buy a house in Phoenix?
FHA: 3.5% down (580+ credit) = $16,625 on $475K median. Conventional: 3% = $14,250. VA: $0 down. USDA: $0 in rural Maricopa/Pinal. Arizona Home Plus DPA: up to 4% of loan (~$18,400) — can cover your entire down payment. Get Phoenix DPA →
Are there down payment assistance programs in Phoenix AZ?
Yes: (1) Arizona Home Plus — up to 4% of loan as 30-yr deferred (0%). (2) Phoenix IDPA — up to $15,000 for ≤80% AMI. (3) Maricopa County HOME — up to $20,000. (4) NSP Phoenix — up to $25,000 in targeted neighborhoods. All stackable with FHA/VA/Conventional. Check DPA eligibility →
Is Phoenix a good place to buy a house in 2026?
Phoenix is hot in 2026: median $475K (up 4.2% YoY), population +1.8%/year, no hurricanes/earthquakes, low property taxes (0.51%), strong jobs (Intel, TSMC, Lucid). Warning: summer cooling $200-$400/mo and HOA fees $50-$200 in master-planned communities. Get pre-approved →
Can I buy a house in Phoenix with 3.5% down?
Yes! FHA + 580 credit = 3.5% down ($16,625 on $475K). With Arizona Home Plus DPA (4% = ~$18,400), your net out-of-pocket could be $0. Add seller concessions for closing costs (up to 6% FHA), and you buy a Phoenix home with almost nothing down. See how much you qualify for →
Related Arizona & FHA Guides
Best FHA Lenders 2026: Top 10 Nationally Ranked
Top 10 FHA lenders: 580 credit, 3.5% down nationwide
Best FHA Lenders Arizona 2026
Arizona-specific FHA lender guide with DPA
Down Payment Assistance 2026 (All States)
Find $5K-$25K free grants in YOUR state
FHA Loan Requirements 2026 Complete Guide
Credit, income, DTI, MIP — everything to qualify
Ready to Buy in Phoenix? Compare FHA Rates Now
Get personalized quotes from Phoenix-approved FHA lenders in 2 minutes. Free, no obligation. 580 credit accepted.
Meet Sarah
Senior Mortgage Advisor & VA Loan Specialist
Sarah Mitchell brings over 12 years of mortgage industry expertise, specializing in VA loans and first-time homebuyer programs. As a certified NMLS professional, she has helped thousands of veterans and military families achieve homeownership through specialized loan programs. Her deep understanding of VA benefits and down payment assistance programs makes her a trusted advisor for service members transitioning to civilian life.
EXPERTISE:
KEY ACHIEVEMENT:
Helped 2,500+ veterans secure home loans