24 CFR § 200.15 - Maximum mortgage.

---
identifier: "/us/cfr/t24/s200.15"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 200.15 - Maximum mortgage."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "200.15"
section_name: "Maximum mortgage."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "A"
subchapter_name: "GENERAL"
part_number: "200"
part_name: "INTRODUCTION TO FHA PROGRAMS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24467, Dec. 22, 1971, unless otherwise noted."
cfr_part: "200"
---


# 200.15 Maximum mortgage.

Mortgages must not exceed either the statutory dollar amount or loan ratio limitations established by the section of the Act under which the mortgage is insured, except that the Commissioner may increase the dollar amount limitations:

(a) By not to exceed 170 percent, in any geographical area, in which the Commissioner finds that cost levels so require; and

(b) By not to exceed 170 percent, or 215 percent in high-cost areas, where the Commissioner determines it necessary on a project-by-project basis.

[73 FR 17239, Mar. 31, 2008]