Smith County, Tennessee loan limits 2026
FIPS 47159 · 9 ZIP codes, e.g. 37030, 37145, 37151, 38547, 38552, 38560 · metro area (CBSA) 34980
In Smith County the 2026 conforming loan limit is $1,029,250 for a single-family home — a high-cost area, 23.6% above the national baseline. The FHA limit is $1,029,250. Anything above $1,029,250 is a jumbo loan.
Does my loan fit?
How much home fits under the limit?
The highest home price you can buy with a loan that still fits the 2026 limit, at that down payment. Your actual budget depends on income, debts, rates and the lender.
Conforming limit in Smith County, 2024–2026
Single-family limit set by the FHFA each year. The 2027 limits are announced in late November 2026 — this page updates automatically.
Loan limits by number of units
| Property | Conforming 2026 | FHA 2026 | Conforming vs. 2025 |
|---|---|---|---|
| 1 unit (single-family) | $1,029,250 | $1,029,250 | +4.1% |
| 2 units | $1,317,650 | $1,317,650 | +4.1% |
| 3 units | $1,592,700 | $1,592,700 | +4.1% |
| 4 units | $1,979,350 | $1,979,350 | +4.1% |
Conforming limits (FHFA) apply to loans bought by Fannie Mae and Freddie Mac; VA loans with partial entitlement use the same county limit. FHA limits (HUD) cap FHA-insured mortgages. Smith County is in metro area CBSA 34980; all its counties share the same limit.
HUD income limits FY2026
Area median family income: $85,900 · Smith County, TN HUD Metro FMR Area
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $48,100 | $55,000 | $61,850 | $68,700 | $74,200 | $79,700 | $85,200 | $90,700 |
| Very low income (50%) | $30,100 | $34,400 | $38,700 | $42,950 | $46,400 | $49,850 | $53,300 | $56,700 |
| Extremely low income (30%) | $18,050 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
Used for housing assistance and many down-payment and first-time-buyer programs. Programs set their own rules; check the program you apply to.
Fair market rent FY2027
| Unit | Fair market rent FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $870/mo | $796 | +9.3% |
| 1 bedroom | $876/mo | $801 | +9.4% |
| 2 bedrooms | $1,146/mo | $1,051 | +9% |
| 3 bedrooms | $1,407/mo | $1,368 | +2.9% |
| 4 bedrooms | $1,506/mo | $1,392 | +8.2% |
HUD's fair market rent: the 40th-percentile gross rent (rent plus utilities) for standard units, used for Housing Choice Vouchers. Area: Smith County, TN HUD Metro FMR Area.
Same metro area
Counties in CBSA 34980 share the same loan limits.
Other counties in Tennessee
Highest limits first.
Official figures, not a loan offer. Limits come from FHFA and HUD publications. Loanlimitmap.com is an independent site — not a government website and not a lender. Whether you qualify for a loan is decided by your lender; check the current figures with them.
Questions
What is the conforming loan limit in Smith County, TN for 2026?
$1,029,250 for a one-unit property ($1,317,650 for 2 units, $1,592,700 for 3, $1,979,350 for 4), set by the FHFA; it was $989,000 in 2025.
What is the FHA loan limit in Smith County?
$1,029,250 for a single-family home in 2026 (HUD), up to $1,979,350 for a four-unit property.
What counts as a jumbo loan in Smith County?
A mortgage above $1,029,250 for a single-family home is a jumbo (non-conforming) loan in Smith County in 2026.
What are the HUD income limits in Smith County?
For a family of four (FY2026): low income $68,700, very low income $42,950, extremely low income $33,000; area median family income $85,900.
What is the fair market rent in Smith County?
$1,146 a month for a two-bedroom unit in FY2027 (HUD), $876 for one bedroom.