2026 loan limits in Chemung County, New York
In Chemung County, a conventional loan up to $832,750 on a one-unit home is conforming. Above that it’s a jumbo loan. FHA loans can go up to $541,287.
Conforming limit (1 unit)$832,750National baseline
FHA limit (1 unit)$541,287National floor
Highest price, 20% down, conforming$1,040,938Loan at the limit
Highest price, 3.5% down, FHA$560,919Loan at the limit
2026 limits by number of units
| Property | Conforming | FHA |
|---|---|---|
| 1 unit | $832,750 | $541,287 |
| 2 units | $1,066,250 | $693,050 |
| 3 units | $1,288,800 | $837,700 |
| 4 units | $1,601,750 | $1,041,125 |
What the limits mean for your purchase
The limit applies to the loan amount, not the price. With 20% down you could buy up to about $1,040,938 in Chemung County and stay conforming; with 10% down, about $925,278. Loans above the limit are jumbo loans, which usually need a higher credit score and more savings. With FHA’s 3.5% minimum down payment, the highest price at the limit is about $560,919.
Questions
What is the 2026 conforming loan limit in Chemung County?
$832,750 for a one-unit home.
What is the 2026 FHA loan limit in Chemung County?
$541,287 for a one-unit home.
More for Chemung County
Chemung County property taxesFHA loan limits toolNew York closing costsBig Flats 14814 market dataBreesport 14816 market dataChemung 14825 market dataElmira 14901 market dataElmira 14903 market dataElmira 14904 market dataElmira 14905 market dataErin 14838 market dataHorseheads 14845 market dataLowman 14861 market data
2026 limits from HUD’s county files (Elmira, Ny). Conforming limits are set by the Federal Housing Finance Agency.