Smith County, Tennessee Loan Limits for 2026

How big a loan can your county back?

About these limits

FHA and conforming limits are set per county each year by HUD and FHFA. A loan above the limit is a jumbo loan with different rules. Source: HUD CHUMS file for 2026 and FHFA county limits.

The FHA loan limit in Smith County is $1,029,250 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 $1,029,250. Anything larger is a jumbo loan. HUD sets the FHA figure for the NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN area.

Up to $1,029,250

The FHA and conforming limit for a one-unit home in Smith County. A $220,000 home with 3.5% down is a $212,300 loan, under the FHA limit.

FHA limit, 1 unit$1,029,250
Conforming limit, 1 unit$1,029,250
HUD areaNASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN
Plan a $220,000 homeOpens your plan with Smith County and the price filled in
CountyHouseholdIncomePriceSavings
2026 limits by number of units
UnitsFHA limitConforming limit
1$1,029,250$1,029,250
2$1,317,650$1,317,650
3$1,592,700$1,592,700
4$1,979,350$1,979,350

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: $895,000.

What the limit means at the median price

The median Smith County home is worth $224,500. With FHA's 3.5% minimum down payment, the largest FHA loan on that home would be $216,643, within the county limit.

Frequently asked questions

Frequently asked questions

What is the FHA loan limit in Smith County for 2026?

$1,029,250 for a single-family home, $1,317,650 for a duplex, $1,592,700 for a triplex and $1,979,350 for a fourplex, per HUD's county limits file (Mortgagee Letter 2025-23). Smith County is a high-cost area, so its limit sits above the national floor of $541,287.

What is the conforming loan limit in Smith County?

$1,029,250 for a one-unit home in 2026 ($1,317,650, $1,592,700 and $1,979,350 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

Sources

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

More about loan limits

Loan limits in every Tennessee county → Smith County home buyer guide →

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

Smith County overview
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