Loan Limits / Virginia / Suffolk City County
2026 Loan Limits · Virginia · VIRGINIA BEACH-CHESAPEAKE-NORFOLK, VA-NC
Suffolk City County, VA.
2026 conforming and FHA loan limits, calibrated to a median sales price of $630,000.
Median Sales Price
$630,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$832,750
Standard conforming
FHA 1u Limit
$757,850
Mid-tier
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)
Mid-tier| 1-unit (single-family) | $757,850 |
| 2-unit (duplex) | $970,200 |
| 3-unit (triplex) | $1,172,750 |
| 4-unit (fourplex) | $1,457,450 |
About this county
About Suffolk City County
Suffolk is an independent city in Virginia, United States. As of 2020, the population was 94,324. It is the 10th-most populous city in Virginia, the largest city in Virginia by boundary land area as well as the 14th-largest in the country. Suffolk is located in the Hampton Roads metropolitan area. This also includes the independent cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, and Virginia Beach, and smaller cities, counties, and towns of Hampton Roads. With miles of waterfront property on the Nansemond and James rivers, present-day Suffolk was formed in 1974 after consolidating with Nansemond County and the towns of Holland and Whaleyville. Read more on Wikipedia →
Population
96,638
U.S. Census ACS 2023
Median Household Income
$90,089
U.S. Census ACS 2023
Median Home Value (Census)
$329,600
Owner-occupied · ACS 2023
Owner-Occupancy Rate
70%
Of occupied housing
What these limits mean for buyers in Suffolk City County
The 2026 conforming 1-unit limit for Suffolk City 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. Suffolk City County uses the standard national conforming baseline.
For FHA financing, the 2026 1-unit limit is $757,850. The HUD CHUMS table pegs the median sales price for Suffolk City County at $630,000. Suffolk City 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 Suffolk City County ($630,000) 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
Suffolk City 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 Suffolk City County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.