Kodiak Island Borough, Alaska Loan Limits for 2026

The FHA loan limit in Kodiak Island Borough is $541,650 for a one-unit home in 2026 (a high-cost area above the national floor), and the conforming limit for Fannie Mae and Freddie Mac loans is $1,249,125. Anything larger is a jumbo loan. HUD sets the FHA figure for the NON-METRO area.

2026 limits by number of units

UnitsFHA limitConforming limit
1$541,650$1,249,125
2$693,400$1,599,375
3$838,150$1,933,200
4$1,041,650$2,402,625

FHA limits effective January 1, 2026 per HUD; conforming limits for mortgages acquired in calendar year 2026 per FHFA. HUD's median price used to set the FHA limit here: $455,000.

What the limit means at the median price

The median Kodiak Island Borough home is worth $382,700. With FHA's 3.5% minimum down payment, the largest FHA loan on that home would be $369,306, within the county limit.

Frequently asked questions

What is the FHA loan limit in Kodiak Island Borough for 2026?

$541,650 for a single-family home, $693,400 for a duplex, $838,150 for a triplex and $1,041,650 for a fourplex, per HUD's county limits file (Mortgagee Letter 2025-23). Kodiak Island Borough is a high-cost area, so its limit sits above the national floor of $541,287.

What is the conforming loan limit in Kodiak Island Borough?

$1,249,125 for a one-unit home in 2026 ($1,599,375, $1,933,200 and $2,402,625 for 2, 3 and 4 units), per the Federal Housing Finance Agency. Loans above it are jumbo loans.

Does the limit cap the home price?

No. It caps the loan amount. A buyer can purchase a home above the limit by making a larger down payment so the mortgage stays within it.

Sources

Figures are computed from the documents above and rounded to the dollar. All sources.

Loan limits in every Alaska county → Kodiak Island Borough home buyer guide →

General information, not lending advice. Lenders may set their own lower caps.

Kodiak Island Borough overview