Mortgage Guide: Holmes County, Florida
In Holmes County, Florida, the 2026 FHA loan limit for a single-family home is $541,287, and the conforming loan limit is $832,750. The median home value in this county is $110,200, and median household income is $49,343.
📋 2026 Loan Limits by Property Type
FHA and Conforming limits for 1-4 unit properties in Holmes County
| Property Type | FHA Limit | Conforming Limit |
|---|---|---|
| 1-Unit | $541,287 | $832,750 |
| 2-Unit | $693,062 | $1,066,250 |
| 3-Unit | $838,994 | $1,288,800 |
| 4-Unit | $1,041,137 | $1,601,750 |
Source: FHFA Conforming Loan Limits 2026, HUD FHA Forward Mortgage Limits 2026.
💰 Monthly Payment Estimate (Median-Priced Home)
Based on current 30-year fixed rate of 7.40% and a home price of $110,200
| Loan Type | Down Payment | Est. Monthly P&I |
|---|---|---|
| FHA | 3.5% ($3,857) | $736/mo |
| Conventional (10%) | 10% ($11,020) | $686/mo |
| Conventional (20%) | 20% ($22,040) | $610/mo |
Estimates include principal and interest only. Property tax, insurance, and mortgage insurance (MIP/PMI) not included. Use our full calculator →
📝 Mortgage Market Insight
Holmes County's mortgage landscape presents exceptional financing accessibility relative to local pricing. The FHA 1-unit limit of $541,287 covers 491% of the $110,200 median home value, while the conforming limit of $832,750 covers 756%, eliminating loan-limit constraints for virtually all buyers. Monthly principal and interest payments remain modest: an FHA loan at 3.5% down ($106,343) yields $736/month at 7.40%, consuming 17.9% of median monthly income ($4,112); a conventional loan with 20% down ($88,160) reduces P&I to $610/month (14.8% of income). Both ratios fall well within standard 28% front-end DTI thresholds. Given the county's rural designation (population 19,513) and low median values, USDA financing emerges as the optimal primary option for eligible borrowers, offering 100% financing with no down payment and reduced mortgage insurance costs. FHA serves as the strongest alternative for buyers with credit scores below 640 or higher debt ratios
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See the median home value, 8-year price trend, rent, and price-to-rent ratio for Holmes County before you buy.
View Market Data for Holmes County →How Holmes County Compares
| Metric | Holmes County | U.S. Baseline |
|---|---|---|
| FHA Limit (1-unit) | $541,287 | $524,225 |
| Conforming Limit (1-unit) | $832,750 | $832,750 |
| Median Home Value | $110,200 | $355,000 (est.) |
| Median Household Income | $49,343 | $75,000 (est.) |
Frequently Asked Questions
What is the FHA loan limit in Holmes County?
The 2026 FHA limit for a single-family home in Holmes County is $541,287. This is above the national floor of $524,225.
What is the conforming loan limit in Holmes County?
The 2026 conforming loan limit is $832,750 for a single-family home. Loans above this amount are considered "jumbo" and typically require stricter credit and larger down payments.
Can I use a VA or USDA loan in Holmes County?
VA loans have no county limit for eligible veterans with full entitlement. USDA loans are available in eligible rural areas—check the USDA's eligibility map to confirm Holmes County qualifies.
Data Source: FHFA Conforming Loan Limits 2026, HUD FHA Forward Mortgage Limits 2026, U.S. Census Bureau ACS 5-Year Estimates. All data is public domain. This page is for informational purposes and does not constitute financial advice.