FHA Mortgage Limits List - FHA Forward |
Message: MORTGAGE LIMITS SUCCESSFULLY COMPLETED
Mortgage maximums as of Friday March 07, 2008
(1 records were selected, 1 records displayed.)
MSA Name | MSA Code | Division | County Name | County Code | State | One-Family | Two-Family | Three-Family | Four-Family | Last Revised |
AUBURN-OPELIKA, AL (MSA) | 12220 | LEE | 081 | AL | $271,050 | $347,000 | $419,400 | $521,250 | 03/05/2008 |
Selection criteria
Sorted by: | County |
State: | AL |
County: | Lee |
County Code: | |
MSA Name: | |
MSA Code: | |
Limit Type: | FHA Forward |
Last Revised: |
The current basic standard mortgage limits for FHA insured loans are: | ||||||||||
One-family | Two-family | Three-family | Four-family | |||||||
FHA Forward | $271,050.00 | $347,000.00 | $419,400.00 | $521,250.00 | ||||||
HECM | $200,160.00 | |||||||||
Fannie/Freddie | $417,000.00 | $533,850.00 | $645,300.00 | $801,950.00 |
High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limits The ceilings are currently: | ||||||||||
One-family | Two-family | Three-family | Four-family | |||||||
FHA Forward | $729,750.00 | $934,200.00 | $1,129,250.00 | $1,403,400.00 | ||||||
HECM | $362,790.00 | |||||||||
Fannie/Freddie | $729,750.00 | $934,200.00 | $1,129,250.00 | $1,403,400.00 |
Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new ceilings for these areas of: | ||||||||||
One-family | Two-family | Three-family | Four-family | |||||||
FHA Forward | $1,094,625.00 | $1,401,300.00 | $1,693,875.00 | $2,105,100.00 | ||||||
HECM | $544,185.00 | |||||||||
Fannie/Freddie | $1,094,625.00 | $1,401,300.00 | $1,693,875.00 | $2,105,100.00 |
This is a listing of the FHA single family mortgage limits. This listing was downloaded from the Department's Computerized Home Underwriting Management System. Since mortgage limits are updated constantly, please contact the Homeownership Center if you believe this information is in error.
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