FHA and Fannie Mae- Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development (HUD).
HUD has provided a FHA Mortgage Limits page. This page allows you to look up the FHA mortgage limits for your area or several areas, and then list them by state, county, or Metropolitan Statistical Area:
FHA Mortgage Limits Lookup
For Example, here is the information displayed for Chester County:
|MSA Name||MSA Code||Division||County Name||County|
|PHILADELPHIA, PA METROPOLITAN DIVISION||37980||37964||CHESTER||029||PA||$420,000||$537,650||$649,900||$807,700||03/05/2008|
If you were previously forced into a jumbo loan because you were over the previous limits, you may now be eligible to refinance under these new limits.
Copyright 2008 by Lawrence Yerkes. All Rights Reserved.