Loan Limits / Kentucky / Lee County
2026 Loan Limits · Kentucky · NON-METRO
Lee County, KY.
2026 conforming and FHA loan limits, calibrated to a median sales price of $111,000.
Median Sales Price
$111,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$832,750
Standard conforming
FHA 1u Limit
$541,287
Floor
Jumbo Threshold
> $832,750
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
Standard conforming| 1-unit (single-family) | $832,750 |
| 2-unit (duplex) | $1,066,250 |
| 3-unit (triplex) | $1,288,800 |
| 4-unit (fourplex) | $1,601,750 |
FHA Forward (203b)
Floor| 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 Lee County
Lee County is a county located in the U.S. state of Kentucky. As of the 2020 census, the population was 7,395. Its county seat is Beattyville. The county was formed in 1870 from parts of Breathitt, Estill, Owsley and Wolfe counties. The county was named for Robert E. Lee. The area of Kentucky where Lee County is located was a pro-union region of Kentucky but the legislature that created the county was controlled by former Confederates. The town of Proctor, named for the Rev. Joseph Proctor, was the first county seat. The first court was held on April 25, 1870, in the old Howerton House. The local economy at the time included coal mining, salt gathering, timber operations, and various commercial operations. It had a U.S. post office from 1843 until 1918. Read more on Wikipedia →
Population
7,375
U.S. Census ACS 2023
Median Household Income
$34,182
U.S. Census ACS 2023
Median Home Value (Census)
$82,100
Owner-occupied · ACS 2023
Owner-Occupancy Rate
75%
Of occupied housing
What these limits mean for buyers in Lee County
The 2026 conforming 1-unit limit for Lee County is $832,750. 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. Lee County uses the standard national conforming baseline.
For FHA financing, the 2026 1-unit limit is $541,287. The HUD CHUMS table pegs the median sales price for Lee County at $111,000. This matches the FHA national floor — Lee County did not qualify for an upward adjustment for 2026.
Practical takeaway. The median sales price in Lee County ($111,000) 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.
Multi-unit and house-hacking math
Lee County 2-, 3-, and 4-unit conforming limits are $1,066,250, $1,288,800, and $1,601,750 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 Lee County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.