Florida Loan Limits / Broward County
Broward County, FL · 2026 Loan Limits
Broward loan limits for 2026.
FHA, conforming, jumbo, and how the Broward median compares to the agency caps in the Miami metro's middle-tier county.
Current Median Sale
$457,000
Redfin · 2026-03 · +0.4% YoY
Conforming 1u
$832,750
Standard conforming
FHA 1u
$667,000
Mid-tier
Days on Market
92
7.6 mo supply
Gap analysis
How Broward's median compares to the agency caps.
Broward sits between Miami-Dade and Palm Beach geographically, and right in the middle on price. The reference median sale is around $457,000, which is well below both the FHA Forward 1-unit limit of $667,000 (Broward shares the high-cost FHA tier with the rest of the Miami metro) and the conforming 1-unit limit of $832,750. For a median-priced purchase here, every program is open: FHA, VA, conventional, jumbo if you stretch.
The headroom matters most for first-time buyers. With FHA at 3.5% down on a $457k median, the down payment is around $16,000 of the borrower's funds, plus closing costs typically rolled into a seller credit. Pair that with FHFC down-payment assistance and many borrowers close with $0 to $2,500 of their own funds out of pocket.
On the upper end, Broward has serious pockets of luxury (Las Olas, Lighthouse Point, Coral Ridge) where purchase prices clear $1M+ regularly. Above $832,750 it's jumbo. Same broad rules as Miami-Dade: tighter reserves, condo warrantability questions on older buildings, and pricing that depends heavily on the borrower's liquid asset profile.
Conforming (Fannie / Freddie)
Standard conforming| 1-unit | $832,750 |
| 2-unit | $1,066,250 |
| 3-unit | $1,288,800 |
| 4-unit | $1,601,750 |
FHA Forward (203b)
Mid-tier| 1-unit | $667,000 |
| 2-unit | $853,900 |
| 3-unit | $1,032,150 |
| 4-unit | $1,282,700 |
VA: full-entitlement borrowers have no per-county limit. Partial entitlement uses the conforming 1-unit cap of $832,750. USDA Rural Development: eligibility is mapped per address, not per county. The FHA national floor for 2026 is $541,287 and the ceiling is $1,249,125.
Neighborhoods we close in
FAQ
Broward financing questions.
Is Broward considered high-cost for FHA?
Yes for FHA, no for conforming. The 2026 FHA Forward 1-unit limit in Broward is $667,000 (high-cost tier, shared with Miami-Dade and Palm Beach). The conforming 1-unit limit is the national baseline of $832,750 because FHFA classifies Broward as standard-cost on the conforming side.
How does Broward compare to Miami-Dade for first-time buyers?
Broward is generally more accessible. Median price is roughly $120,000 lower, owner-occupancy is higher, and there's more single-family inventory in entry-level price tiers ($350k to $500k). FHA + first-time-buyer DPA programs are very active here.
What about 2-4 unit properties?
Broward 2-unit FHA limit is $853,900, conforming is $1,066,250. 4-unit FHA $1,282,700, conforming $1,601,750. With FHA at 3.5% down for owner-occupied 2-4 units, house-hacking is a real strategy here, particularly in older neighborhoods where duplexes are common.
Can Hometown Heroes DPA be used in Broward?
Yes. The FHFC Hometown Heroes program provides up to $35,000 in down-payment and closing-cost assistance for eligible Florida workforce buyers (teachers, healthcare workers, law enforcement, firefighters, and many other occupations). It pairs with FHA, VA, USDA, and HFA Conventional first mortgages. Income caps apply.
Is there much USDA-eligible territory in Broward?
Very little. Broward is mostly urbanized; USDA Rural Development eligibility is mapped per address and most of the county does not qualify. The USDA tool is the only way to confirm a specific address. We have the link on the universal lookup tool.
What is the jumbo threshold in Broward?
Anything above $832,750 for a 1-unit purchase is jumbo. Above that line, pricing, reserves, and underwriting all shift. We quote both conforming-stretch (rolling closing costs to keep the loan amount inside conforming) and outright jumbo when both make sense for the scenario.
County demographics (Census ACS 2023)
Population
1,946,127
Median Household Income
$74,534
Median Home Value
$380,400
Owner-Occupancy Rate
63%
Buying or refinancing in Broward?
Send the scenario. We'll run the right limit, the right program, and the right structure: FHA, conforming, jumbo, VA, or first-time buyer DPA. Quote in plain English, no app pull.
County commentary
What South Florida actually feels like right now.
Broward is more end-user driven than Miami-Dade. Owner-occupancy runs around 63 percent of occupied housing here vs ~52 percent in Miami-Dade. The investor and foreign-buyer share is real but not dominant. That shows up in the underwriting profile we see: more W-2 borrowers, fewer foreign-national and asset-depletion files, and a more typical purchase-financing mix.
The market has cooled but not crashed. Median days on market is around 92 and months of supply is 7-plus, both buyer-favorable. Sellers who priced for the 2022 peak are sitting on listings; sellers who price to the 2026 reality are getting offers. The bid-ask gap has tightened compared to last year but is still wider than what you see in faster Florida metros (Tampa, Orlando, Jacksonville).
Condo financing in Broward follows the same Surfside-era rules as the rest of South Florida. Older oceanfront and beach-adjacent buildings need careful project review before locking a rate. Newer construction (post-2010, post-2018) clears Fannie/Freddie warrantability checks more cleanly.