To determine allowable loan amounts, access the HUD Web site. Sort by county, choose the state, select "FHA Forward" from the <Limit Type> field, than select "CY2009" from the <Limit Year> field and hit Send.
The web site is https://entp.hud.gov/idapp/html/hicostlook.cfm
Follow 2009 High Balance guidelines - 620 credit score with automated approval, 640 for cash out.
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