Loan Limits / West Virginia / Morgan County
2026 Loan Limits · West Virginia · HAGERSTOWN-MARTINSBURG, MD-WV
Morgan County, WV.
2026 conforming and FHA loan limits, calibrated to a median sales price of $300,000.
Median Sales Price
$300,000
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 Morgan County
Morgan County is a county located in the U.S. state of West Virginia. As of the 2020 census, the population was 17,063. Its county seat is Berkeley Springs. The county was formed in 1820 from parts of Hampshire and Berkeley Counties and named in honor of General Daniel Morgan, prominent soldier of the American Revolutionary War. The county and Town of Bath are considered excellent jumping-off points for exploring the Potomac and Cacapon Rivers just to the north and west, respectively. Also, the county is a tourist destination hosting numerous local artists, mineral water spas, and a large amount of outdoor recreation that includes fishing, boating, wildlife, hunting, and mountain scenery. The region is known for the famed Apple Butter Festival, which is annually held in October. Morgan County is also the home of an important silica mine, part of U.S. Silica. Read more on Wikipedia →
Population
17,327
U.S. Census ACS 2023
Median Household Income
$63,805
U.S. Census ACS 2023
Median Home Value (Census)
$223,100
Owner-occupied · ACS 2023
Owner-Occupancy Rate
83%
Of occupied housing
What these limits mean for buyers in Morgan County
The 2026 conforming 1-unit limit for Morgan 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. Morgan 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 Morgan County at $300,000. This matches the FHA national floor — Morgan County did not qualify for an upward adjustment for 2026.
Practical takeaway. The median sales price in Morgan County ($300,000) 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
Morgan 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 Morgan County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.