FHA Home Loans in Palm Beach, FL
Palm Beach is a luxury market where a large share of sales close above the county loan limit. Palm Beach County uses the $832,750 national baseline conforming limit for 2026. HUD set the county's one-unit FHA limit at $667,000 — $125,713 above the $541,287 national floor. With a median around $4,500,000, the typical Palm Beach purchase already sits above the conforming limit, so jumbo or high-balance financing is the normal path here. Because the $667,000 FHA ceiling lands below the $4,500,000 median, FHA buyers in Palm Beach are generally shopping the lower half of the market, buying a condo or townhome, or bringing more than the 3.5% minimum to close the gap. On 2–4 units, the FHA limits step up to $853,760 (duplex), $1,032,116 (triplex), and $1,282,708 (fourplex) — the route Florida buyers use to house-hack with 3.5% down while tenants carry part of the payment.
The 2026 FHA loan limit in Palm Beach County is $667,000. The Palm Beach median home price is $4,500,000, which is above the FHA limit. Buyers may need to cover the gap with a larger down payment or explore jumbo financing.
Down Payment Comparison
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $4,086 | $295 | $4,381 |
| Conventional 5% down | — | $1,496 | $28,870 |
Upfront MIP of $11,264 (1.75%) is typically rolled into the loan balance.
Down Payment Assistance
Florida buyers in Palm Beach County can layer FHA with Florida Housing's Hometown Heroes and the FL Assist second mortgage for down payment and closing cost help. Both are income-limited by county and require a first-time buyer status in most cases — Palm Beach's $4,500,000 median usually keeps the assistance math workable.
FAQs
Get pre-approved for an FHA loan in Palm Beach
Low down payment, flexible credit requirements, and DPA stackable programs.