Loan Limits / Alaska / Skagway County
2026 Loan Limits · Alaska · NON-METRO
Skagway County, AK.
2026 conforming and FHA loan limits, calibrated to a median sales price of $466,000. Alaska qualifies for the 50% statutory increase available to Hawaii, Alaska, Guam, and the U.S. Virgin Islands.
Median Sales Price
$466,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$1,249,125
Special (HI/AK/GU/VI)
FHA 1u Limit
$541,287
Special (HI/AK/GU/VI)
Jumbo Threshold
> $1,249,125
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
Special (HI/AK/GU/VI)| 1-unit (single-family) | $1,249,125 |
| 2-unit (duplex) | $1,599,375 |
| 3-unit (triplex) | $1,933,200 |
| 4-unit (fourplex) | $2,402,625 |
FHA Forward (203b)
Special (HI/AK/GU/VI)| 1-unit (single-family) | $541,287 |
| 2-unit (duplex) | $693,050 |
| 3-unit (triplex) | $837,700 |
| 4-unit (fourplex) | $1,041,125 |
About this county
About Skagway County
The Municipality and Borough of Skagway is a borough and city in the U.S. state of Alaska, on the Alaska Panhandle. As of the 2020 census, the population was 1,240, up from 968 in 2010. The population doubles in the summer tourist season in order to deal with the large number of summer tourists each year. Incorporated as a borough on June 25, 2007, it was previously a city in the Skagway-Yakutat-Angoon Census Area. The most populated community is the census-designated place of Skagway. Read more on Wikipedia →
What these limits mean for buyers in Skagway County
The 2026 conforming 1-unit limit for Skagway County is $1,249,125. Loans at or below this amount can be sold by the originating lender to Fannie Mae or Freddie Mac, which keeps pricing tight and underwriting consistent. Alaska qualifies for the 50% statutory increase available to Hawaii, Alaska, Guam, and the U.S. Virgin Islands per 12 USC § 1709(b)(2)(A), so the limit is set above the standard high-cost ceiling.
For FHA financing, the 2026 1-unit limit is $541,287. The HUD CHUMS table pegs the median sales price for Skagway County at $466,000. Because of the special-tier statutory bump, the FHA limit here can exceed the standard national ceiling.
Practical takeaway. The median sales price in Skagway County ($466,000) is below both limits — FHA, conventional, and VA financing all cover median-priced purchases here. Choice between programs comes down to credit, down payment, and overlay differences.
How the limits are set
Conforming limits come from the Federal Housing Finance Agency (FHFA), which adjusts them each year based on changes in the FHFA Housing Price Index. FHA limits come from HUD: the national floor is $541,287 (65% of conforming baseline), the ceiling is $1,249,125 (150% of conforming baseline), and counties between are calculated as 115% of the area median sales price. Alaska receives an additional 50% statutory bump per 12 USC § 1709(b)(2)(A).
Multi-unit and house-hacking math
Skagway County 2-, 3-, and 4-unit conforming limits are $1,599,375, $1,933,200, and $2,402,625 respectively. If you're house-hacking — owner-occupying one unit of a 2-4 unit property — these are the limits that matter, and the rental income on the other units can be used to qualify. FHA and VA both finance owner-occupied 2-4 unit properties at their own multi-unit limits.
Limits effective 2026 per HUD CHUMS publication. Sourced GSE and FHA files. Generated 2026-04-26.
Buying in Skagway County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.