As announced today in Mortgagee Letter 2018-11 the low-cost and high-cost county limits have increased effective with case numbers assigned on or after January 1, 2019. Loan limits are county specific. The low-cost areas mortgage limits have increased to: One-unit: $314,827 Two-unit: $403,125 Three-unit: $487,250 Four-unit: $605,525 High-cost areas are also county specific and the highest limits, excluding Hawaii and Alaska, are: One-unit: $726,525 Two-unit: $930,300 Three-unit: $1,124,475 Four-unit: $1,397,400 Some counties may have limits that fall between the low-cost and high-cost areas. Hawaii and Alaska have higher high-cost limits. At this time HUD has not issued an announcement … (2 comments)
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