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Updated: December 2, 2024
2025 Mortgage Loan Limits: Cape May County, New Jersey
Property Type
2025 Loan Limit
1-Unit Homes
$806,500
2-Unit Homes
$1,032,650
3-Unit Homes
$1,248,150
4-Unit Homes
$1,551,250
Source: Federal Housing Finance Agency; Federal Housing Administration
Cape May County, New Jersey, mortgage loan limits apply in:
Cape May County 2025 mortgage loan limits include the following cities: Avalon, Beesleys Point, Belleplain, Burleigh, Cape May, Cape May Court House, Cape May Point, Dennis, Dennisville, Diamond Beach, Erma, Goshen, Lower, Marmora, Marshallville, Middle, North Cape May, North Wildwood, Ocean City, Ocean View, Palermo, Rio Grande, Sea Isle City, Seaville, South Dennis, South Seaville, Stone Harbor, Strathmere, Tuckahoe, Upper, Villas, West Cape May, West Wildwood, Whitesboro, Wildwood, Wildwood Crest, Woodbine
Historical Charts: Mortgage Loan Limits in Cape May County, New Jersey
Mortgage loan limits adjust annually to match changes in U.S. home values. As home values go up or down in Cape May County, so do the local loan limits. Changes in mortgage loan limits promote affordable homeownership, fair lending, and a balanced housing market.
Mortgage Statistics from Cape May County, New Jersey
Mortgage statistics for Cape May County, sourced from the Home Mortgage Disclosure Act (HMDA) database, maintained by the Federal Financial Institutions Examination Council (FFIEC). The HMDA database contains detailed, anonymous loan data and provides insight into home buyer traits, mortgage borrowing patterns, and mortgage approval rates. Percentages may not total 100% due to rounding.
Mortgages
Total
Purchase Mortgages (2018-2023)
15811
Loan Type
Relative Share
Conventional
92.06%
FHA
4.88%
VA
2.25%
USDA
0.80%
Property Type
Relative Share
1-Unit Homes
97.11%
2-Unit Homes
2.21%
3-Unit Homes
0.43%
4-Unit Homes
0.25%
Borrower Status
Relative Share
One Applicant
38.10%
Two or More Applicants
61.90%
Gender
Relative Share
Male
25.05%
Female
13.84%
Joint Sex
54.92%
Not Available
6.19%
Race
Relative Share
American Indian / Alaska Native
0.10%
Asian
0.93%
Black / African American
0.66%
Native Hawaiian / Other Pacific Islander
0.04%
White
85.79%
Mixed Race
1.07%
Other Race
11.42%
Ethnicity
Relative Share
Hispanic or Latino
1.56%
Not Hispanic or Latino
84.52%
Joint Ethnicity
1.16%
Other Ethnicity
12.76%
Cape May County data represents closed-end, first-lien purchase mortgages for 1-4 unit residential properties since 2018. Source: FFIEC Home Mortgage Disclosure Act
Mortgage Loan Limits Near Cape May County, New Jersey
Get 2025 conforming and FHA mortgage loan limits for the areas surrounding Cape May County, New Jersey. Local loan limits and county-level mortgage data updated regularly.
