Loan Limits / New York / Queens County
2026 Loan Limits · New York · NEW YORK-NEWARK-JERSEY CITY, NY-NJ
Queens County, NY.
2026 conforming and FHA loan limits, calibrated to a median sales price of $996,000. This county is designated high-cost — conforming limits exceed the national baseline.
Median Sales Price
$996,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$1,209,750
High-cost
FHA 1u Limit
$1,249,125
Ceiling
Jumbo Threshold
> $1,209,750
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
High-cost| 1-unit (single-family) | $1,209,750 |
| 2-unit (duplex) | $1,548,975 |
| 3-unit (triplex) | $1,872,225 |
| 4-unit (fourplex) | $2,326,875 |
FHA Forward (203b)
Ceiling| 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 |
About this county
About Queens County
Queens is the largest by area of the five boroughs of New York City, coextensive with Queens County, in the U.S. state of New York. Located near the western end of Long Island, it is bordered by the borough of Brooklyn and by Nassau County to its east, and shares maritime borders with the boroughs of Manhattan, The Bronx, and Staten Island, as well as with New Jersey. Queens is the most linguistically diverse place in the world, as well as one of the most ethnically diverse. Read more on Wikipedia →
Population
2,330,124
U.S. Census ACS 2023
Median Household Income
$84,961
U.S. Census ACS 2023
Median Home Value (Census)
$699,200
Owner-occupied · ACS 2023
Owner-Occupancy Rate
45%
Of occupied housing
What these limits mean for buyers in Queens County
The 2026 conforming 1-unit limit for Queens County is $1,209,750. 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. Because Queens County is designated a high-cost area, the limit exceeds the national baseline of $832,750.
For FHA financing, the 2026 1-unit limit is $1,249,125. The HUD CHUMS table pegs the median sales price for Queens County at $996,000. Queens County is in HUD's FHA high-cost tier — its limit sits between the national floor of $541,287 and the ceiling of $1,249,125, calculated as 115% of the area median.
Practical takeaway. The median sales price in Queens County ($996,000) 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
Queens County 2-, 3-, and 4-unit conforming limits are $1,548,975, $1,872,225, and $2,326,875 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 Queens County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.