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fha loan limits: FHA Loan Limits Go Up - 12/08/11 11:40 AM
FHA loan limits have gone back up! Here are the new limits:For the Denver-Metro counties, the new loan limit is $406,250.For Boulder County, the new loan limit is $460,000.These limits are for 1-unit properties. The amounts are higher for 2, 3, and 4 unit properties.These new amounts are in effect until the end of 2012. As always, there is no income limitation on FHA loans and you do NOT have to be a first-time home buyer to get an FHA loan.Call us with any questions.Getting a loan approved is easy - if you know what to do. The Mortgage Experts know … (0 comments)
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fha loan limits: FHA Loan Limits are Going DOWN - 09/01/11 09:52 AM
The maximum loan amount for FHA loans is going DOWN beginning October 1, 2011. Here are the current limits and the new limits for the Denver area: Metro Counties Current limit (until the September 30, 2011) = $406,250New limit (after October 1, 2011) = $368,000Boulder CountyCurrent limit (until the September 30, 2011) = $460,000New limit (after October 1, 2011) = $402,500Need to find the limits for a property in a different location? Here's the link to get to the web site that will give you all the loan limits in the country:https://entp.hud.gov/idapp/html/hicostlook.cfmHere's how to use the web site:• From the SORTED … (0 comments)
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fha loan limits: FHA Loan Limits Are Changing Again! - 11/24/08 11:00 AM
FHA loan limits are changing again! Here are the new rules:
Effective January 1, 2009, the limits will be lowered to comply with the Housing and Economic Recovery Act of 2008 (the big bail out act passed back in July). The loan limits had been raised when the Economic Stimulus Act of 2008 was passed in February (that was the previous bail out act), but those were just temporary increases due to expire at the end of 2008. To make it a bit more complicated, the lenders who underwrite the FHA loans are concerned that they will get stuck with loans that are … (0 comments)
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Chris Thomas
Denver,
CO
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The Mortgage Experts at America's Mortgage
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