Pennsylvania Mortgage Rates

Pennsylvania is home to several major urban areas like Pittsburgh and Philadelphia, as well as many smaller communities. The list of FHA loan limits reflects the wide range of home values in the Keystone State.

For the majority of Pennsylvania, on a county-by-county basis, FHA loan limits start at $271,050 for a single-family home. For a two unit property, the limit is $347,000, while a triplex qualifies for $419,425 and a four-plex for $521,250.

In Berks County, loan limits increase to $300,000 for a single family home. For a duplex, the limit is $384,050, while three units qualifies for $464,200 and a four-plex for $576,900. In Centre County, home of the city of State College, a single family home qualifies for $280,000. Duplex buyers can borrow up to $358,450, while a triplex can borrow $433,250 and four units can get $538,450.

The greater Pittsburgh area includes Allegheny, Armstrong, Beaver, Fayette and Westmoreland counties, where the FHA limit on a single family home is $327,500. In the same region, a duplex buyer can borrow $419,250, while a triplex qualifies for $506,800 and a four-plex for $629,800. In Lancaster County, loan limits increase to $383,750 for a single-family home, while two units qualifies for $491,250, a triplex buyer can borrow up to $593,800 and a four-plex can get $738,000.

The cities of Allentown, Bethlehem and Easton are spread across Carbon and Lehigh counties. The loan limit for a single-family home in this area is $402,500. A duplex in the same area qualifies for $515,250, while three units can borrow up to $622,850 and a four-plex can get $774,050. The greater Philadelphia area includes Bucks, Delaware, Montgomery and Philadelphia counties. In this region, the buyer of a single-family home can borrow up to $420,000. For two units, the limit is $537,650, while a triplex can borrow up to $649,900 and a four plex can get $807,700.

Prices rise slightly in York County, where a single family home qualifies for $425,000. A two-unit property in the same area can borrow up to $544,050, while three units qualifies for $657,650 and a four-plex can get $817,300. Most expensive of all is Pike County, where the loan limit on a single family home is $729,750, while two units qualifies for $934,200, a triplex for $1.129 million and a four plex for $1.403 million.

FreeRateUpdate.com surveys more than two dozen wholesale and direct lenders’ rate sheets to determine the most accurate mortgage rates available to well qualified consumers at about a 1 point origination fee.