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What are the current FHA, VA, and conforming loan limits for Multnomah County for 2026? This article will outline these important numbers.
Loan limits for Multnomah County, Oregon were increased for 2026. Federal housing officials have raised the maximum loan caps for FHA, VA and conventional (conforming) home loans within the county. You’ll find all of the 2026 limits below.
FHA loan limits are established by the Department of Housing and Urban Development (HUD). They are reviewed every year and, when warranted, increased in order to keep pace with rising home values. Interestingly, loan limits increased for Multnomah County despite home prices having increased only slightly over the past year.
| County Name | 1 Unit | 2 Units | 3 Units | 4 Units |
| MULTNOMAH | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
Note: The single-family FHA loan limit of $695,750 applies to most “regular” home buyers in Multnomah County, who tend to purchase single-family homes. The other categories generally apply to investors purchasing multi-family housing units like duplexes and triplexes.
According to real estate data company Zillow, the median home price for Multnomah County is $495,798, which decreased by about 1.1% from the same time last year.
In the Portland area, the FHA loan limit for a single-family homes will apply to all of Clackamas, Columbia, Multnomah, Washington, and Yamhill counties, as outlined in the chart below:
| County Name | 1 Unit | 2 Units | 3 Units | 4 Units |
| CLACKAMAS | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
| COLUMBIA | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
| MULTNOMAH | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
| WASHINGTON | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
| YAMHILL | $695,750 | $890,700 | $1,076,650 | $1,338,000 |
During 2026, conforming loan limits have also increased, and they are slightly higher than the FHA caps shown above.
Here are the 2026 conforming loan limits for Multnomah County.
| County Name | 1 Unit | 2 Units | 3 Units | 4 Units |
| MULTNOMAH | $832,750 | $1,066,250 | $1,288,800 | $1,601,750 |
The median home price for the county was around $496,512, as of December 2025. Conforming loan limits are quite a bit higher than this median price. This means that home buyers who prefer to shop within these limits should have plenty of properties to choose from in 2026.
Even in the Portland real estate market, the median home price is currently below the single-family loan limits shown above. As of December 2025, the median house value in Portland was around $524,552, according to Zillow.
A quick word about jumbo loans. When a conventional home loan exceeds the conforming limits shown above, it is referred to as a “jumbo” mortgage. This level of financing is still widely available in 2026, though it often requires a larger down-payment investment from the borrower.
Check out our mortgage loan limit tool for conventional, FHA, and VA loans.
VA loan limits have been eliminated for eligible veterans. That means there is more flexibility when it comes to the loan amount taken out while still being able to take advantage of a zero down payment option. Previously, borrowers needed a down payment of 25% of the amount over the limit if they took out a jumbo loan.
*However, only those who have more than one active VA home loan or who have previously defaulted on a VA loan may still have loan limits applied to them in terms of whether or not they need to put forth a down payment.
Are you looking to apply for a mortgage in Multnomah County? If so, Sammamish Mortgage is available to help. We offer a wide variety of mortgage programs and tools with flexible qualification criteria, including our Diamond Homebuyer Program, Cash Buyer Program, and Bridge Loans. We have been serving the entire state since 1992, as well as the broader Pacific Northwest region that includes Washington, Oregon, Colorado, and Idaho. Please contact us today with any financing-related questions you have.
Whether you’re buying a home or ready to refinance, our professionals can help.
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